Starhill Global REIT tenant David Jones seeks smaller footprint at Perth property

Bitget2026/11/04 10:05

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Starhill Global REIT's David Jones tenant in Perth had approximately S$ 1.3 million in rent arrears as of October 2026.
Existing landlord provisions cover approximately S$ 500,000 of arrears; the tenant paid rent regularly through September 2026.
David Jones is negotiating lease changes, including a reduction in occupied space; commercial terms remain subject to agreement.
The lease generates approximately S$ 9 million annually, contributing 4.7% of portfolio revenue for the year ended June 30, 2026.
The manager is pursuing replacement tenants and evaluating redevelopment or conversion to multiple tenancies at the David Jones Building.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Starhill Global Real Estate Investment Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: G4M7A54DRBPWIT8L) on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Starhill Global REIT tenant David Jones seeks smaller footprint at Perth property

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