Distribution Per Unit (DPU) OutlookIn the interim, more negative reversions and repositioning efforts are expected to continue impacting DPU, leading to two consecutive years of DPU decline.
Reversionary OutlookSupply risks and lower submarket rents may extend soft reversionary outlook across all asset classes, with negative reversions steepened in recent months.
Tenant ConfidenceTenant confidence takes a toll with negative reversions across all asset segments.