BHG Retail REIT Hefei Mengchenglu.

BHG Retail REIT has reported higher revenue and an improved portfolio occupancy for its 1H 2022.

But the REIT’s distributions were pummelled by higher financing costs and foreign exchange-related loss, a deeper look at its financial statements reveal.

BHG Retail REIT is a Singapore Exchange (SGX)-listed, China-focused REIT with a portfolio of six multi-tenanted shopping malls across the country.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.