For the Half Year ended 30 June 2025
24 July 2025
Agenda
03
1H 25 Financial Overview
04
1H 25 Operational Overview
05
Financial Highlights
15
Capital Management
18
Singapore Office Portfolio Performance
25
Australia Portfolio Performance
29
UK Portfolio Performance
32
Singapore Retail Portfolio Performance
39
Suntec Convention Performance
42
Our ESG Commitment
Suntec City Office, Singapore
1H 25 Financial Overview
Distributable Income to Unitholders $92.8 million
+4.6% y-o-y
Distribution Per Unit to Unitholders 3.155 cents+3.7% y-o-y
Capital ManagementFY 2025 Refinancing
CompletedIssued $250 million 4.48% perpetual securities
1H 25 Operational Overview
Committed Occupancy | Rent Reversion | Retention Rate | |||||
Office 99.0%1 | Office +10.0% | Office 85% | |||||
Singapore | Retail 98.0%2 | Retail +17.2% | Retail 69% | ||||
Australia | 88.6%3 | +22.9% | +85% | ||||
UK | 92.2%4 vs 95.5% (1H 24) | Not meaningful5 | |||||
Notes:
Based on Suntec REIT's interests in Suntec City Office, One Raffles Quay and Marina Bay Financial Centre Office Towers 1 and 2.
Based on Suntec REIT's interests in Suntec City Mall, Suntec Singapore (Retail) and Marina Bay Link Mall.
Based on Suntec REIT's interests in 177 Pacific Highway, 21 Harris Street, Southgate Complex, 477 Collins Street and 55 Currie Street.
Based on Suntec REIT's interest in Nova Properties and The Minster Building.
Due to minimal leases renewed/replaced for the quarter. 4
Suntec City
MBFC Properties
One Raffles Quay
Olderfleet, 477 Collins Street
The Minster Building
Nova Properties
177 Pacific Highway
55 Currie Street
Financial Highlights
21 Harris Street
Southgate Complex