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BMGU — BHG Retail REIT News Story

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Singapore's BHG Retail REIT half-year revenue falls

Singapore's BHG Retail REIT half-year revenue falls


Overview

  • Singapore retail property trust's unaudited half-year gross revenue declined yr/yr

  • Net property income for the half-year fell compared to last year

  • Earnings per unit for the period decreased yr/yr


Result Drivers

  • REVENUE DECLINE - Gross revenue fell for the six-month period compared to last year

  • LOWER NET PROPERTY INCOME - Net property income declined yr/yr for the half-year

  • REDUCED OTHER INCOME - Other income decreased compared to prior year


Company press release: ID:nSN8Ml7SK


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Gross Revenue

S$26.8 mln


Reuters Recommended Reads

  • Aug 5 - Singapore's Manulife US REIT H1 gross revenue falls on property divestments

  • Aug 5 - Singapore's IREIT Global H1 gross revenue falls

  • Aug 5 - Singapore's CapitaLand Ascendas REIT H1 gross revenue rises


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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