Competitive PressureOccupancy at Alexandra Technopark in Singapore was stable at 85.9%, but competition from other business parks remains tough.
Currency FluctuationsThe REIT is exposed to currency fluctuations in AUD, EUR, and GBP, which could impact financial results as distributions are paid in SGD.
Market RisksDownside risks include occupancy risk due to the short WALE of the property, and a weak macroeconomic outlook affecting demand for industrial and commercial spaces.