CapitaLand Malaysia Mall Trust (CMMT) is a shopping mall-focused REIT in Malaysia with a portfolio of five shopping malls and one complementary office tower. CMMT listed on Bursa Malaysia on 16 July 2010. If you purchased CMMT at IPO, your total returns would be 111.7%.
Three assets are located in Klang Valley – a majority interest in Sungei Wang Plaza in Kuala Lumpur, The Mines in Seri Kembangan, Tropicana City Mall and Tropicana City Office Tower in Petaling Jaya. CMMT’s other assets include Gurney Plaza in Penang and East Coast Mall in Kuantan, Pahang. Its portfolio has a total net lettable area of over 3.1 million square feet. As at 31st December 2016, CMMT has a market capitalisation of over RM2.5 billion and its total assets have been independently valued at RM3.9 billion.
CMMT is managed by CapitaLand Malaysia Mall REIT Management Sdn Bhd (the Manager) …Read the full article →