BHG Retail REIT reports WALE of 3.1 years, with 96.6% occupancy rate for 3QFY2024

Ashley Lo11-12

As at Sept 30, the REIT has a total of six properties in its portfolio with a valuation of RMB4.72billion ($874.2 million). BHG Retail REIT has reported a weighted average lease expiry (WALE) of 3.1 ...

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Its interest coverage ratio stood at \nAbout 84% of its borrowings are denominated in Singapore dollars.\nMoving forward, the REIT manager says it remains “focused and committed to proactively manage the existing portfolio, as well as to pursue growth”.\nUnits in BHG Retail REIT Bmgu closed 3 cents lower, or down 6.12%, at 46 cents on Nov 12.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483066008"}