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BHG Retail REIT reports WALE of 3.5 years, with 97% occupancy rate for 1QFY2022

Felicia Tan
Felicia Tan5/11/2022 05:55 PM GMT+08  • 1 min read
BHG Retail REIT reports WALE of 3.5 years, with 97% occupancy rate for 1QFY2022
As at end-March, the REIT has a total of six properties in its portfolio with a valuation of RMB4.69 billion ($966.7 million).
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BHG Retail REIT has reported a weighted average lease expiry (WALE) of 3.5 years by gross rental income (GRI) for the 1QFY2022 ended March.

The REIT’s WALE by committed net lettable area (NLA) stood at 5.9 years as at end-March.

During the quarter, the REIT reported a committed occupancy rate of 97.0%.

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