新闻
ESR-REIT: Advances Portfolio Rejuvenation & Capital Recycling Strategy With Divestment Of 8 Non-Core Singapore Assets Totalling S$338.1 Million.
15 Dec 2025 10:53S$338.1 million Proposed Divestment, representing a 2.0% premium to independent valuation. Portfolio quality enhancement, with land lease tenure improving from 43.3 to 44.8 years across the portfolio and WALE increasing from 4.1 to 4.3 years. Reduced short land lease exposure of assets of <15 years from 13.2% to 11.8%, reducing impact of land lease decay on NAV. Pro forma leverage improves from 42.8% to approximately 39.2%, expanding debt headroom to approximately S$1,114.0 million. Strengthened financial flexibility to embark on future value-accretive New Economy opportunities through AEIs, redevelopments and acquisitions...
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Source: ShareInvestor Express
