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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