Asset ManagementThe divestment of the JEM office will free up proceeds which can be rechannelled to debt reduction and be yield accretive to DPUs.
Financial PerformanceLREIT is trading at an attractive FY25F DPU yield of 6.6%, with multiple strategies in place to improve its operating and balance sheet metrics.
Operational EfficiencyManagement has secured new electricity tariff contracts for Jem and 313@Somerset, which reduces utilities expenses by 30% or S$4m-5m per year.