Link: https://links.sgx.com/1.0.0/corporate-announcements/RNTVDK3SO8Q7XYRB/15afcb1b9dae545f75dca577042c9950c048a4888e4ade5c04f51e20afcefad3

Summary:
At the Citi Asia Pacific Property Conference 2025, Suntec REIT emphasized its commitment to strengthening portfolio performance through resilient operations and strategic capital management. The REIT reported 1Q FY2024 gross revenue of S$110.1 million and distributable income of S$48.1 million. Key highlights include:

• Singapore Office portfolio remains stable with 99.4% committed occupancy and positive rent reversions.

• Singapore Retail saw a robust 22.6% year-on-year growth in tenant sales, with portfolio occupancy at 98.4%.

• Australia Assets continue to perform well with 95.9% committed occupancy and rental growth.

• Capital Management remains prudent, with all-in financing cost at 3.52%, fixed debt at 69%, and no refinancing needs until 2026.

• Suntec REIT reiterated its focus on active leasing, proactive asset enhancement, and disciplined capital management to sustain long-term value for unitholders.