Income-producing real estate used primarily for retail purposes, with an initial focus on China.
Beijing Wanliu
Hefei Mengchenglu
Chengdu Konggang
Hefei Changjiangxilu
Dalian
Beijing
Xining
Chengdu Hefei
Multi-tenanted
Master-leased
1. Based on independent valuation from Knight Frank Petty Limited as at 31 December 2020.
Number of Properties
6
Valuation
of AUM1
4.7
RMB billion
MASTER-LEASED
Dalian Jinsanjiao
Xining Huayuan
ANCHORING FOUNDATIONS. STAYING RESILIENT.
BHG RETAIL REIT : CORPORATE PRESENTATION 3
The Big Picture: Our Value Proposition
Strategy
One-stopdestination malls
High Density Residential Neighbourhoods (Recurring Visitor- ships)
Rising Chinese
Residents' income
+ Consumption upgrade
Quality
Track Record of Healthy occupancy rate and rental growth.
Capital Management
Financially Strong & Committed Sponsor Group
Retail Conglomerate
Networks
Growth
Hefei Changjiangxilu Acquisition
(April 2019)
NAV per Unit & DPU accretive
Visible & Substantial Sponsor Pipeline
Continual Asset Enhancements
ANCHORING FOUNDATIONS. STAYING RESILIENT.
BHG RETAIL REIT : CORPORATE PRESENTATION 4
1H 2021 Key Highlights
Delivering Commendable Results
RESILIENT
COMMENDABLE 1H 2021
PROACTIVE CAPITAL
PORTFOLIO
FINANCIAL PERFORMANCE
MANAGEMENT
▪ Portfolio occupancy of 93.0%
▪ Gross revenue up 23.5%
▪ Healthy gearing of 34.9%
▪ Healthy retention rate and
year-on-year
▪ Substantial debt headroom
rental growth.
▪ Distribution per Unit1 up
▪ About 50% of total loans
▪ Staggered lease expiries
25.8% year-on-year
hedged via interest rate
swaps.
ANCHORING FOUNDATIONS. STAYING RESILIENT.
BHG RETAIL REIT : CORPORATE PRESENTATION 5
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BHG Retail REIT published this content on 21 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2021 01:33:03 UTC.
BHG Retail REIT is a Singapore-based real estate investment trust. The Company invests in a diversified portfolio of income-producing properties located primarily in the Peopleâs Republic of China (China) and used primarily for retail purposes. The Company has a diversified portfolio of six retail properties strategically located in cities in China, namely Beijing, Chengdu, Hefei, Xining, and Dalian. Its asset portfolio consists of community-focused retail properties situated in populated-density areas frequented by growing middle-class professionals and families. Its each multi-tenanted mall's features include shopping, dining, education, and entertainment establishments. Its portfolio comprises over six retail properties: Beijing Wanliu, Chengdu Konggang, Hefei Mengchenglu, Hefei Changjiangxilu, Xining Huayuan, and Dalian Jinsanjiao. The Beijing Wanliu is a community mall which is located in the Haidian District. The Company is managed by BHG Retail Trust Management Pte. Ltd.