Portfolio Overview

Properties Valuation S$3.278 billion as at 31 August 2017
Net Lettable Area 910,395 sq ft
Committed Occupancy Rate 100% as at 31 August 2017
Number of Tenants 468
Total Annual Shopper Traffic 48.2 million *

* From 1 September 2016 to 31 August 2017

Portfolio Committed Occupancy

  As at
31 August
2015
As at
31 August
2016
As at
31 August
2017
Paragon 100.0% 100.0% 100.0%
The Clementi Mall 100.0% 100.0% 100.0%
SPH REIT Portfolio 100.0% 100.0% 100.0%

Portfolio Lease Expiry as at 31 August

  FY2018 FY2019 FY2020 FY2021 FY2022
and beyond
Portfolio 94 136 188 46 4
Expiries by NLA 16.8% 22.0% 36.9% 23.2% 1.1%
Expiries by Gross Rental 20.7% 22.2% 39.3% 17.2% 0.6%

Top 10 Tenants

Burberry (Singapore) Distribution Company Pte Ltd| Club 21 Pte Ltd| Cold Storage Singapore (1983) Pte Ltd| Cortina Watch Pte Ltd| Ermenegildo Zegna Far-East Pte Ltd| Ferragamo (Singapore) Pte Ltd| Metro (Private) Limited| NTUC Fairprice Co-operative Limited| Prada Singapore Pte Ltd| Tod's Singapore Pte Limited

Top 10 Tenants

Tenant(1)(2) Trade Sector Lease Expiry (Year)(3) % of
Rental Income
Tenant A Luxury Brands, Jewellery, Watches 2nd Half 2019 5.7%
Tenant B Departmental Stores & Supermarket 2nd Half 2020 4.0%
Tenant C Departmental Stores & Supermarket Lifestyle Between 2nd Half 2018 and 1st Half 2021 2.2%
Tenant D Luxury Brands, Jewellery, Watches 2nd Half 2020 2.1%
Tenant E Luxury Brands, Jewellery, Watches, Fashion, Handbags, Shoes & Accessories Between 1st Half 2019 and 2nd Half 2020 2.0%
Tenant F Luxury Brands, Lifestyle 2nd Half 2019 1.5%
Tenant G Luxury Brands, Jewellery, Watches 1st Half 2018 1.5%
Tenant H Luxury Brands, Jewellery, Watches 1st Half 2021 1.4%
Tenant I Departmental Stores & Supermarket Lifestyle 1st Half 2020 1.4%
Tenant J Luxury Brands, Jewellery, Watches 1st Half 2019 1.4%
Total     23.2%

Notes:

  1. The list of top 10 tenants above does not take into account one of the tenants which has not consented to the disclosure of its tenancy arrangements in the Annual Report.
  2. The names of the tenants cannot be matched to the information set out above for confidentiality reasons.
  3. Some of the tenants above have signed more than one tenancy agreement and this has resulted in more than one tenancy expiry date for such tenants.

By Trade Mix