EC World REIT reported lower operating performance in FY2025, with FY gross revenue of SGD 40.4 million (down 56.2%) and FY net property income (NPI) of SGD 32.1 million (down 61.6%). In 4QFY2025, gross revenue was SGD 7.0 million (down 55.6%) and NPI was SGD 4.4 million (down 67.7%). The manager said there was no distribution for FY2025 because, based on its current cash situation, EC World REIT is not able to fulfil its liabilities as they fall due from its deposited property. The portfolio valuation declined 21.2% year-on-year in RMB terms. As of 31 December 2025, overdue rent receivables from the sponsor group were RMB 329.1 million (SGD 60.5 million), and EC World REIT submitted preliminary claims of RMB 1.14 billion against sponsor entities amid an ongoing reorganisation process. Occupancy was 83.4% and WALE was 0.9 years by gross rental income and 1.1 years by net lettable area. Aggregate leverage rose to 73.5%, while bank borrowings totalled SGD 467.0 million and were repayable on demand due to events of default; blended all-in running interest rate was 8.8% per annum for the quarter and full year. SGX-ST granted an extension for the resumption proposal submission deadline to 31 May 2026, and trading of units remains suspended.

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. EC World Real Estate Investment Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 6SA4C4JYTMURA9AV) on February 27, 2026, and is solely responsible for the information contained therein.