0.49
-3.00%
Close of 6 Nov 2026, in SGD
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About Starhill Global Real Estate Investment Trust
Its shares trade on SGX under the ticker P40U.SI. It has been listed since 20 September 2005. In the fiscal year to 30 June 2026, it reported revenue of SGD 192.5m and net income of SGD 89.3m. At that date it held total assets of SGD 2.84bn and shareholders' equity of SGD 1.75bn.
Starhill Global Real Estate Investment Trust engages in investing in real estate used for retail and office purposes. The company employs 30 full-time employees The company went IPO on 2005-09-20. The principal activity of the Trust is to invest primarily in prime real estate used mainly for retail and/or office purposes, with the objective of delivering regular and stable distributions to unit holders and to achieve long-term growth in the net asset value per unit. The Trust's segments include Wisma Atria Property, Ngee Ann City Property, Australia Properties, Malaysia Properties, Renhe Spring Zongbei Property and Japan Properties. Its investment properties are located in Singapore, Adelaide and Perth-Australia, Kuala Lumpur-Malaysia, Chengdu-China and Tokyo-Japan. The Trust has interest in Wisma Atria and Ngee Ann City on Orchard Road in Singapore; Myer Centre Adelaide, David Jones Building and Plaza Arcade in Australia; Starhill Gallery and Lot 10 Property in Kuala Lumpur, Malaysia; a retail property in Chengdu, China, and over four properties in the prime areas of Tokyo, Japan.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Real Estate
- Industry
- Equity Real Estate Investment Trusts (REITs)
- Listed since
- 20 Sept 2005
- Employees
- 30
- Website
- starhillglobalreit.com ↗
Leadership
Pay as last reported
- Tan Sri Sock Ping YeohNon-Executive Chairman of the Board, since 2008SGD 106,300
- Mr. Sing HoChief Executive Officer, Executive Director, since 2010
- Ms. Peng Kwet Yew CheongChief Financial Officer, since 2009
- Mr. Stephen YeoSenior Vice President - Finance and Accounting, since 2010
- Ms. Hui Ling SohSenior Vice President - Legal and Compliance, Joint Company Secretary
- Ms. Clare KohSenior Vice President, Head - Investments, since 2010
- Mr. Jonathan KuahSenior Vice President, Head of Investor Relations and Corporate Planning, since 2018
- Ms. Kim Loon LimSenior Vice President - Asset Management
- Mr. Abdul Bin Karam DinJoint Company Secretary
- Mr. Chee Kin LamJoint Company Secretary
- Mr. Bong Lin TanNon-Executive Lead Independent DirectorSGD 77,950
- Dato' Seok Kian YeohNon-Executive DirectorSGD 67,450
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 58
- Environment
- 61
- Social
- 84
- Governance
- 28
- Direct emissions (scope 1)
- 240 t
- Energy emissions (scope 2)
- 3,346 t
- Women in the workforce
- 64%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Starhill Global Real Estate Investment Trust (REIT) has several strengths that position it well in the market. Firstly, it boasts a diverse portfolio of prime retail and commercial properties across Singapore, Australia, Malaysia, China, and Japan. This geographic diversification provides a solid foundation for sustainable income generation and minimizes risk exposure to a single market.
- Another strength lies in its strong track record of delivering consistent returns to unitholders. The REIT's stable and growing distribution per unit (DPU) reflects the successful management of its assets, disciplined capital allocation, and ability to capture opportunities in key markets.
- Furthermore, Starhill Global REIT has established long-standing relationships with reputable tenants in various sectors, including retail, office, and hospitality. These strategic partnerships contribute to the stability of rental income and tenant retention rates.
Weaknesses
- Despite its strengths, Starhill Global REIT faces some weaknesses that need to be addressed. Firstly, it is exposed to market fluctuations and economic downturns, which can impact occupancy rates and rental renewals. The reliance on rental income also means it is susceptible to changes in consumer behavior and competition from e-commerce platforms.
- Additionally, the REIT has a high concentration of assets in Singapore, which increases its vulnerability to local economic conditions. Any adverse changes in the regulatory environment or property market in Singapore could have a significant impact on its performance.
Opportunities
- Starhill Global REIT can capitalize on several opportunities in the market. Firstly, it can leverage its strong financial position and established track record to pursue strategic acquisitions of well-located properties in key cities, both locally and internationally. This expansion can further diversify its portfolio and enhance income stability.
- Furthermore, the growing trend of urbanization and rising middle class in Asia offers opportunities for new retail and hospitality developments. By identifying and investing in these emerging markets, the REIT can tap into the potential for higher rental income and capital appreciation.
Threats
- Starhill Global REIT must also be mindful of potential threats in the industry. One significant threat is the increasing competition from other REITs, property developers, and emerging technologies. To stay competitive, the REIT needs to continuously innovate and adapt to evolving market dynamics.
- Additionally, changing regulations and government policies related to real estate and taxation can pose challenges to the REIT's operations and profitability. It is essential for Starhill Global REIT to closely monitor and respond to any regulatory changes to mitigate potential risks.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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