Amount available for distribution was $5.1 million for the 3Q17, up 13.9% from a year ago.
BHG Retail REIT’s gearing remained at 32.5%. It has a staggered debt maturity profile with weighted average term to maturity of 1.3 years.
As at Sept 30, portfolio committed occupancy rate stood high at 99.0%.
BHG Retail Trust Management says consumption continues to emerge as a new engine of economic growth in China, with a 64.5%a contribution to total economic growth in the first three quarters of 2017. Retail sales rose 10.4%a year-on-year to date in 2017.
Units in BHG Retail REIT closed at 74 cents on Tuesday.
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