Media Centre

2021-08-12
Prosperity REIT 2021 Interim Results

Prosperity REIT 2021 Interim Results

  • Distributable income increased by 1.2% Y-o-Y while payout ratio is maintained at 100%.
  • NPI decreased by 0.4% Y-o-Y while cost-to-revenue ratio remained stable at 19.6%.
  • Occupancy rate remained robust at 96.0% amid challenging market condition.
  • Unit buyback benefits Prosperity REIT and unitholders as a whole.
  • Our commitment towards the “Sustainability Vision 2030” is well demonstrated by green initiatives.
  • Gearing ratio remained at a healthy level of 22.7%.