Improved Distribution Per Unit
Distribution per unit increased by 5.6% to $0.0318, despite a decrease in overall distribution to unitholders by 5.3%.
Strong Interest Rate Hedge Ratio
Interest rate hedge ratio increased to close to 93%, providing stability against interest rate fluctuations.
Occupancy and Lease Renewals
Portfolio occupancy remained relatively stable at 91.3%, with successful lease renewals contributing to a weighted average revision of 3%.
Positive Rental Revisions in Singapore
Rental revisions in Singapore were encouraging, with a weighted average increase of 46.2%.