Goals

• To form a solid and defensible portfolio to create stable and sustainable value for our stakeholders
• To pay attractive Distribution Per Unit (“DPU”) relative to the market

Portfolio optimisation

Providing Sustainable Returns and Income Defensibility by:

• Active Leasing: Aligning the tenancy mix to the needs of the target shoppers and maintaining high occupancy while focusing on improving rents
• Marketing: Strategic promotion and marketing to attract visitor traffic and improve tenant sales
• Value Creation Initiatives: Asset enhancement and refurbishment designed to improve long-term yields

Yield-accretive acquisitions

Enhancing the Long-Term Value and Growth of Hektar REIT through systematic and diligent efforts in the acquisition of:

• Stabilised Properties: Assets with sustainable cash flow, requiring selective optimisation initiatives
• Turnaround Properties: Assets with solid fundamentals which are underserving their current market, requiring intensive value creation initiatives to ‘turn-around’ the property, increasing yields in the medium to long term
• Diversified Portfolio: Renewed focus on education and industrial asset class in strategic locations across Malaysia

Capital management

Optimising the capital structure to fund acquisitions and asset enhancements through a combination of debt and equity within a flexible framework to provide a low cost of capital by:

• Implementing initiatives to reduce borrowing costs
• Undertaking initiatives to diversify sources of debt funding
• Maintaining a reasonable level of debt service capability