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Starhill Global Real Estate Investment ( (SG:P40U) ) has shared an announcement.
Starhill Global REIT announced updates regarding the rent review for its Toshin Master Lease, effective from June 2025. The new Annual Fixed Rent is set approximately 1% higher than the base rent under the prior lease, aligning with the lease’s terms. This update reflects the company’s consistent approach to maintaining predictable growth in rental income while upholding collaborative relationships with tenants. The next scheduled rent review will occur in June 2028, showcasing the long-term structured engagement with Toshin. Additionally, turnover rent linked to Toshin’s performance remains a separate determining factor, emphasizing the strategic integration of tenant performance into rental income streams.
The most recent analyst rating on (SG:P40U) stock is a Buy with a S$0.50 price target. To see the full list of analyst forecasts on Starhill Global Real Estate Investment stock, see the SG:P40U Stock Forecast page.
More about Starhill Global Real Estate Investment
Starhill Global Real Estate Investment Trust specializes in the real estate industry and focuses on owning, managing, and investing in high-quality commercial properties. Its portfolio primarily includes retail and office assets across key markets in Asia-Pacific, catering to both retail and corporate stakeholders.
Average Trading Volume: 1,465,218
Technical Sentiment Signal: Buy
Current Market Cap: S$1.33B
See more data about P40U stock on TipRanks’ Stock Analysis page.