Gross revenue increase by 8.5%.
Net Property Income (“NPI”) increase by 4.6%.
Distribution Per Unit (“DPU”) increases 5.1% to 0.83 cents as compared with 0.79 cents in 1Q2015.
Rental Revenue
These are the top tenants by gross rental revenue. Some familiar names are Giant supermarket, Fitness First and Carrefour. The top 10 tenants contribute to approximately 22.7% to LMIR Trust gross rental revenue.
Lease Expiry Profile
The weighted average lease expiry is 4.92 years. The mixture of long and short term leases in LMIR Trust’s portfolio provides growth and stability.
Rental Reversion
The below shows the rental reversion trend for LMIR Trust.
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