Portfolio Overview

BHG Retail REIT's portfolio consists of five retail properties located in areas concentrated by growing middle or upper-middle income families. Our retail malls serve their communities through their wide range of products, excellent experiential services and popular community engagement activities.

Of the five properties, three are multi-tenanted, they are namely Beijing Wanliu Mall, Chengdu Konggang Mall, and Hefei Mengchenglu Mall. The remaining two properties Xining Huayuan Mall and Dalian Jinsanjiao Property are master-leased to BHG Hypermarket.

Gross Floor Area

263,688 sqm

Gross Floor Area (GFA)


Net Lettable Area

156,033 sqm

Net Lettable Area (NLA)


Net Lettable Area

546

No. of Leases


Occupancy Rate

97.6%

Occupancy Rate


Independent Valuation

S$810.7 million

(100%)

S$624.4 million

(Based on 60% interest of
Beijing Wanliu)

Independent Valuation


*For the period from 11 December 2015 ("Listing Date") to 31 December 2016.

Portfolio Lease Expiry Profile As At 31 December 2016

As at 31 December 2016, the portfolio has a weighted average lease expiry of 5.2 years by gross rental income, and 8.8 years by net lettable area. Our lease terms typically range from one to three years. Certain key or anchor tenants may be offered longer term leases.


For new and renewed leases which commenced in FY 2016, the weighted average lease expiry based on the date of commencement of the leases is 1.9 years (by gross rental income) and accounts for 22.2% of the gross rental income for the month of December 2016.


Lease Expiry Profile

Tenants By Trade Sector As At 31 December 2016


Tenants By Trade Sector

1Excludes vacancy.

2As percentage of the portfolio's gross rental income for the month of December 2016.

Beijing Wanliu Mall
Chengdu Konggang Mall
Xining Huayuan Mall
Dalian Jinsanjiao Property
Hefei Mengchenglu Mall

Beijing Wanliu Mall

Wanliu area is situated in Haidian District, which is one of the largest urban districts of Beijing by population and its residents have one of the highest per-capita disposable income in Beijing...

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Chengdu Konggang Mall

Chengdu Konggang Mall brings quality shopping and experiential lifestyle services to the city's growing middle and upper-middle families...

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Xining Huayuan Mall

Xining Huayuan Mall is a four-storey retail hub set in Ximen-Dashizi area, a traditional and core retail hub in Xining. The Mall's master lessee is Beijing Hualian Hypermarket which offers a wide range of quality fresh produce, daily necessities and household items sourced locally and internationall...

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Dalian Jinsanjiao Property

Situated amidst residential estates in Dalian, Dalian Jinsanjiao Property offers residents and professionals living and working in the area a reliable source of groceries and general merchandise...

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Hefei Mengchenglu Mall

Hefei Mall is one of Hefei City's first multi-tenanted retail mall with six levels of diversified retail services to meet the lifestyle needs of the growing middle income population...

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