We explore Suntec REIT's FY24 financial performance:
* Distributable Income: Analysis of the distributable income from operations to unitholders.
* Distribution Per Unit (DPU): Examination of the DPU from operations.
* Portfolio Performance: Discussion of how Singapore properties offer strong support, offsetting lower occupancy in overseas properties.
* Capital Management: Review of Suntec REIT's capital management strategies.
* Occupancy and Rent Reversion: Insights into portfolio occupancy rates and rent reversion rates.
Future strategies, ESG commitments and properties on the radar:
* Capital Management Outlook: Discussion of refinancing plans for loans due in FY25, interest rate hedging, and potential re-pricing of perpetual securities.
* ESG Commitment: Overview of Suntec REIT's Environmental, Social, and Governance (ESG) initiatives, including the roadmap towards net-zero carbon emissions by 2050.
* Portfolio Valuation: Insights on valuation changes in Singapore, Australia and the UK.