Contents
OVERVIEW
Starhill Global REIT is a Singapore-based real estate
investment trust investing primarily in real estate
used for retail and office purposes, both in Singapore
and overseas. Since its listing on the Mainboard of
the Singapore Exchange Securities Trading Limited
on 20 September 2005, Starhill Global REIT has
grown its initial portfolio from interests in two
landmark properties on Orchard Road in Singapore
to 13 properties in Singapore, Australia, Malaysia,
China and Japan, valued at about S$3,116.2 million
as at 30 June 2015.
These comprise interests in Wisma Atria and Ngee
Ann City on Orchard Road in Singapore; Myer Centre
Adelaide, David Jones Building and Plaza Arcade in
Australia; Starhill Gallery and Lot 10 Property in Kuala
Lumpur, Malaysia; a retail property in Chengdu, China
and five properties in the prime areas of Tokyo, Japan.
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 Starhill Global REIT Management
Limited. The Manager is a wholly owned subsidiary
of YTL Starhill Global REIT Management Holdings
Pte. Ltd. which is in turn an indirect subsidiary
of YTL Corporation Berhad.
MISSION
To create and deliver superior
returns to our investors through
growth and value creation in
our assets, products and services,
unconstrained by boundary
and reach.
To be the landlord of choice
for our tenants and shoppers
and be committed in our delivery
of quality products and services.
To be a forward-thinking real
estate company with strong
management expertise and
provide fulfilment for our people.
VALUES
The values to which we aspire
can be summarised under
six principles:
• Integrity
• Client commitment
• Strive for profitability
• Fulfilment for our people
• Teamwork
• Highest standards
VISION
To be the most valued real estate
investment trust in Singapore
which is committed to delivering
long-term superior returns to
our Unitholders.
Financial Highlights
Financial Summary
Celebrating 10 Years of Brilliance
• Key Figures for 10 Years
• Our 10-Year Milestone
• Transforming our Spaces
Our Geographical Reach
Letter to Unitholders
Trust Structure
Significant Events in FY 2014/15
Board of Directors
Executive Officers
of REIT Manager
2
3
12
12
14
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18
20
23
24
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28
Executive Officers
of Property Manager
Property Highlights
Property Portfolio Summary
Singapore Properties
Australia Properties
Malaysia Properties
China Property
Japan Properties
Market Overview
Financial Review
Capital Management
Risk Management
Investor Relations and
Communications
Sustainability
• Environment
• People
• Community
• Corporate Governance
Financial Statements
Statistics of Unitholders
Additional Information
Glossary
Corporate Directory
Notice of Annual General
Meeting and Proxy Form
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46
52
56
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Note:
Discrepancies in the tables and charts between the listed figures and totals thereof are due to rounding.
As we celebrate our 10
th
anniversary
at Starhill Global REIT, we look back
at how we transformed uncut stones
into polished gems. Over the years,
we have meticulously crafted the
value of our prime properties through
the right tenant mix and bold asset
enhancements. We have created
a shining portfolio of strength and
resilience through prudent capital
management. As we enter the next
decade, we remain committed to
delivering value to our Unitholders.
Celebrating
10
