Starhill Global REIT asset, Wisma Atria (REITsWeek)

Starhill Global REIT has come forward to address investors’ concerns over falling rents or valuations recorded at several of its assets.

These assets include Wisma Atria, which is presently undergoing an SGD15 million asset enhancement initiative (AEI) and The Starhill, which completed an MYR175 million AEI in December 2021.

Starhill Global REIT is a mixed commercial landlord with a portfolio of 10 office and retail assets across Australia, China, Japan, Malaysia and Singapore.

Related: Starhill Global REIT to reduce retail sector exposure in push for diversification

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.