BHG Retail REIT

Latest Result: 1Q 2026

Sector Breakdown

Geographical Breakdown

Basic Profile

Stock CodeBMGU
Listing Date11-Dec-15
Entity TypeREIT
Payout FrequencySemi-Annually
Fiscal Year End31-Dec
SponsorBeijing Hualian Department Store Co., Ltd.
Key Statistics Stats as at: 2026-07-14
Current Price
S$0.46
Market Cap
S$0.239B
Price / NAV
0.68x
Div Yield (TTM)
0.15%
52 Week Range
52W Low 52W High
Financial Performance

Financial Performance

Gross Revenue$27.02M (4Q 2025)
Net Property Income$14.03M (4Q 2025)
NPI Margin51.9% (QoQ -2.8%)
Distributable Income$0.37M (4Q 2025)
DPU0.07 cents (4Q 2025)

Portfolio Stats

AUMS$0.86B
No. Properties6
Property Yield3.27% (4Q 2025)
Rental Reversion--
Capital Structure

Debt Metrics

Interest Cover 1.7x (QoQ +0.0%)
Avg Debt Term 2.3 years
Gearing Ratio 40.8% (QoQ -1.9%)
Cost of Debt 4.3% (QoQ +2.4%)
Fixed Rate Debt 30.0%
Highest Annual Debt Maturity 94.69%

Lease Expiry

WALE (by GRI) 2.1 years (QoQ -4.5%)
Committed Occupancy 93.8% (QoQ +0.4%)
Income in SGD/Major Currencies --%
Highest Annual Lease Expiry 57.1%

Sponsor & Manager Shareholding

REIT Sponsor 8.01%
REIT Manager 1.641%
Directors of Manager 0.073%

Management Fees

Base Fee 10.0% p.a. of Distributable Income
Performance Fee 25.0% of the difference in DPU YoY
(calculated before performance fee)
Historical Trends

Dividend Yield (%) (DPU/Price)

P/NAV (Price/NAV)

DPU (cents)

DPU Component % (Distribution Breakdown)

NAV per Unit ($)

Units in Issue (bil)

Gearing Ratio (%)

Adjusted Interest Coverage (x)

Committed Occupancy (%)