Operational Statistics Presentation
Appendix (B): Operational Statistics by SBUS
Multifamily Portfolio
US Multifamily portfolio exhibited resilience amid COVID-19 pandemic
Number of Committed
Portfolio
operating
properties2
occupancy
rate
Weighted
length of stay
(years)
NPI
(US$ Million)
FY 2020
FY 2019
As of 31 Dec 2020
Change in NPI
(100%)
FY 2020 vs
FY 2019
CapitaLand
NPI yield on
valuation¹
FY 2020
Multifamily
16
94.8%
1
41.9
41.2
1.5%
4.7%
.
Leasing velocity for the multifamily portfolio
remained strong, achieving ~95% occupancy
FY 2020 rental collection maintained around
96%, generally in line with the market average
As part of the Multifamily value-add
programme, continued unit interior
renovations, resulting in rental uplifts and
approximate payback period of 5 years for
renovated units completed
Notes:
1.
2.
Stoneridge at Cornell, Portland
Silverbrook, Aurora
Based on FY 2020 NPI and valuation as of 31 Dec 2020
Excludes the multifamily property under development in Austin, Texas newly acquired in Dec 2020
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