Starhill Global REIT's Ngee Ann City asset. Photo by REITsWeek.

Starhill Global REIT, a mixed-commercial REIT with mainly retail assets, intends to increase the proportion of office assets in its portfolio.

The REIT presently has a portfolio of 10 retail and office assets across Australia, China, Japan, Malaysia, and Singapore.

But Starhill Global REIT currently derives about 85% of its revenue from its retail properties including the two prime malls on Singapore’s Orchard Road shopping belt - Wisma Atria and Ngee Ann City.


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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.