SEO Version
Starhill Global REIT (formerly known as Macquarie Prime REIT) is
a Singapore-based real estate investment trust investing primarily
in real estate used for retail and offce purposes, both in Singapore
and overseas. Listed on the Mainboard of the Singapore Exchange
Securities Trading Limited (“SGX-ST”) since 20 September 2005,
Starhill Global REIT owns two landmark properties on Orchard Road,
Singapore’s premier shopping and tourist street. Its initial portfolio
included a 74.23% strata title interest in Wisma Atria and a 27.23%
strata title interest in Ngee Ann City.
In 2007, Starhill Global REIT enlarged its asset base and geographical
footprint with the acquisition of seven properties in the prime areas
of Aoyama, Roppongi, Harajyuku, Meguro and Ebisu in Tokyo, Japan
and a premier retail property in Chengdu, China. Starhill Global
REIT’s portfolio now comprises 10 properties in the three countries,
valued at about $2.1 billion. Starhill Global REIT remains focused on
sourcing attractive property assets in Singapore and overseas, while
driving organic growth from its existing portfolio, through proactive
leasing efforts and creative asset enhancements.
Starhill Global REIT is managed by an external manager, YTL Pacifc
Star REIT Management Limited. The Manager is a wholly owned
subsidiary of YTL Pacifc Star REIT Management Holdings Pte Ltd,
a 50:50 joint venture between Starhill Global REIT Management
Limited (an indirect wholly owned subsidiary of YTL Corporation
Berhad) and Pacifc Star REIT Management Holdings Limited.
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