Asset Sale Proceeds And DeleveragingSale of a significant retail asset at a premium is expected to generate proceeds to reduce debt, lower leverage and fund the initial cash outlay for a new redevelopment, supporting net asset value per unit.
Portfolio Valuation UpliftPortfolio valuations rose materially with a notable uplift at a German asset, supporting potential divestment of non-core markets and enabling value crystallization.
Rent Reversion And OccupancyHigh occupancy and tight office supply in Singapore drove strong rent reversions and consolidated performance from a major commercial asset, underpinning recurring income growth.