Distribution DelaysWhile the worst might be over, distribution resumption is likely still a year out, leading to delayed buying-in of the stock and likely sideways trading performance.
Economic ConditionsEconomic growth could be impacted by inflation or recession, posing a risk of lower-than-expected rental income if office demand slows.
Financial PerformanceGross revenue and NPI declined 3.7% and 14.1% yoy respectively in 2H24 due to higher repair & maintenance expenses.