BHG Retail REIT : Presentation Slides

BHG Retail REIT

1H 2023 Results Presentation

8 August 2023

Content

• 1H 2023 Key Highlights
• Financial Update
• Portfolio Update
• Looking Forward

Photo of Hefei Mengchenglu

1H 2023 Key Highlights

31.1	17.9	0.35
(SGD million)	(SGD million)	(SGD cents)
Gross Revenue	Net Property Income in	Distribution per Unit in
in 1H 2023	1H 2023	1H 20231

95.8%	39.3%	Revitalising Tenancies
Portfolio	Gearing2	Enhancing Experiences
Occupancy2

+5.5%	+4.9%	+8.2%
China GDP	Disposable	China Retail Sales
Growth	income	Growth
in 1H 20233	per capita for urban residents	in 1H 20233
(y-o-y)	in 1H 20233 (y-o-y)	(y-o-y)

1. For the 1H 2023, approximately S$0.2 million of the amount available for distribution has been retained for operational expenses and working capital requirements of the REIT.

2.	As at 30 June 2023.	3
3.	Source: National Bureau of Statistics of China.

Financial Update

Photo of Beijing Wanliu

1H 2023 Financial Update

Gross Revenue

1H 2023

31.1

SGD million

Amount to be distributed

to Unitholders1,2

1H 2023

1.8

SGD million

Net Property Income	Gross Revenue
1H 2023	SGD million

17.9

SGD million	35.6
31.1
Distribution per Unit1,2
1H 2023
0.35
SGD cents
1H 2023	1H 2022

Net Property Income

SGD million

17.9	21.0
1H 2023	1H 2022

1. For the 1H 2023, approximately S$0.2 million of the amount available for distribution has been retained for operational expenses and working capital requirements of the REIT.
2. Lower year-on-year(y-o-y) mainly due to weakening of RMB against SGD and higher interest expenses.

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