Starhill Global REIT Completes Sale of Singapore Office Lot

News about Starhill Global REIT
he manager of Starhill Global REIT says the REIT has completed the divestment of its office strata lots located in a Wisma Atria property to an unrelated third-party buyer, according to an Oct 28 release.

The disposal of the property, which comprises approximately 7,653 sq ft of net lettable area, had a sale consideration of $16.1 million.
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Starhill Global REIT
Price0.530 SGD
NAV0.690 SGD
Yield (4 quarters)6.94%
Gearing35.8%