HEKTAR REAL ESTATE INVESTMENT TRUST
Annual Report 2023
| State | Selangor |
|---|---|
| Primary Trade Area (population) |
1,834,000 |
| NLA (sq. ft.) | 521,992 |
| Occupied NLA (NLA Lots only) |
387,918 |
| Occupancy (%) | 74.3 |
| Visitor Traffic (million) |
4.5 |
| Acquisition Price (RM million) |
280.0 |
| Valuation (RM million) |
430.0 |
| Gross Revenue (RM million) |
28.7 |
| Net Property Income (NPI) (RM million) | 19.8 |
| Title | Freehold |
| Lease Expiry | - |
| State | Melaka |
|---|---|
| Primary Trade Area (population) |
382,200 |
| NLA (sq. ft.) | 521,142 |
| Occupied NLA (NLA Lots only) |
489,051 |
| Occupancy (%) | 93.8 |
| Visitor Traffic (million) |
6.8 |
| Acquisition Price (RM million) |
232.0 |
| Valuation (RM million) |
338.5 |
| Gross Revenue (RM million) |
36.1 |
| Net Property Income (NPI) (RM million) | 22.5 |
| Title | Leasehold |
| Lease Expiry | 2101 |
| State | Johor |
|---|---|
| Primary Trade Area (population) |
201,600 |
| NLA (sq. ft.) | 170,463 |
| Occupied NLA (NLA Lots only) |
166,438 |
| Occupancy (%) | 97.6 |
| Visitor Traffic (million) |
3.2 |
| Acquisition Price (RM million) |
117.5 |
| Valuation (RM million) |
161.7 |
| Gross Revenue (RM million) |
16.7 |
| Net Property Income (NPI) (RM million) | 6.0 |
| Title | Freehold |
| Lease Expiry | - |
| State | Kedah |
|---|---|
| Primary Trade Area (population) |
406,870 |
| NLA (sq. ft.) | 310,564 |
| Occupied NLA (NLA Lots only) |
270,474 |
| Occupancy (%) | 87.1 |
| Visitor Traffic (million) |
3.8 |
| Acquisition Price (RM million) |
83.0 |
| Valuation (RM million) |
95.0 |
| Gross Revenue (RM million) |
9.3 |
| Net Property Income (NPI) (RM million) | 4.6 |
| Title | Freehold |
| Lease Expiry | - |
| State | Kedah |
|---|---|
| Primary Trade Area (population) |
287,694 |
| NLA (sq. ft.) | 299,781 |
| Occupied NLA (NLA Lots only) |
290,590 |
| Occupancy (%) | 96.9 |
| Visitor Traffic (million) |
3.0 |
| Acquisition Price (RM million) |
98.0 |
| Valuation (RM million) |
142.5 |
| Gross Revenue (RM million) |
16.2 |
| Net Property Income (NPI) (RM million) | 7.7 |
| Title | Freehold |
| Lease Expiry | - |
| State | Johor |
|---|---|
| Primary Trade Area (population) |
190,000 |
| NLA (sq. ft.) | 211,919 |
| Occupied NLA (NLA Lots only) |
161,109 |
| Occupancy (%) | 76.0 |
| Visitor Traffic (million) |
1.9 |
| Acquisition Price (RM million) |
104.0 |
| Valuation (RM million) |
65.0 |
| Gross Revenue (RM million) |
4.5 |
| Net Property Income (NPI) (RM million) | -0.5 |
| Title | Leasehold |
| Lease Expiry | 2116 |
