Portfolio Overview

Properties Valuation S$3.368 billion as at 31 August 2018
Net Lettable Area 961,523 sq ft
Committed Occupancy Rate 99.4% as at 31 August 2018
Number of Tenants 503

* From 1 September 2017 to 31 August 2018

Portfolio Committed Occupancy

  As at
31 August
2016
As at
31 August
2017
As at
31 August
2018
Paragon 100.0% 100.0% 99.6%
The Clementi Mall 100.0% 100.0% 100.0%
The Rail Mall - - 94.8%
SPH REIT Portfolio 100.0% 100.0% 99.4%

Portfolio Lease Expiry as at 31 August

  FY2018 FY2019 FY2020 FY2021 FY2022 FY2023
and beyond
Portfolio 12 88 230 127 46 1
Expiries by NLA 1.0% 14.1% 39.3% 35.3% 10.1% 0.2%
Expiries by Gross Rental 0.4% 13.9% 41.5% 32.6% 11.0% 0.6%

Top 10 Tenants

Baccarat International (Pte.) Limited| 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

Top 10 Tenants

Tenant(1)(2) Trade Sector Lease Expiry (Year)(3) % of
Rental Income
Tenant A Luxury Brands, Jewellery, Watches 2nd Half 2019 5.3%
Tenant B Departmental Stores & Supermarket 2nd Half 2020 4.1%
Tenant C Departmental Stores & Supermarket Lifestyle Between 1st Half 2019 and 1st Half 2021 2.3%
Tenant D Luxury Brands, Jewellery, Watches, Fashion, Handbags, Shoes & Accessories Between 1st Half 2019 and 2nd Half 2020 2.3%
Tenant E Luxury Brands, Jewellery, Watches 2nd Half 2020 2.2%
Tenant F Luxury Brands, Jewellery, Watches 1st Half 2021 1.4%
Tenant G Luxury Brands, Jewellery, Watches 1st Half 2019 1.4%
Tenant H Departmental Stores & Supermarket Lifestyle 1st Half 2020 1.4%
Tenant I Luxury Brands, Lifestyle 2nd Half 2019 1.2%
Tenant J Departmental Stores & Supermarket Lifestyle 2nd Half 2021 1.2%
Total     22.8%

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