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Capitaland Mall Trust Annual General Meeting (2018 Overview)
By My Sweet Retirement  •  April 13, 2019

Capitaland Mall Trust has just held their Annual General Meeting (AGM) on 11th April 2019. Capitaland Mall Trust currently makes up 11% of my stock portfolio. Basically, they are covering an overview of 2018. FY18 financial highlights from the Annual General Meeting (AGM) includes the increase of distributable income to S$410.7 million, increase of distribution per unit to 11.50 cents and increase of Net Asset Value (NAV) to S$2.02.

FY2018
(S$’000) FY2017
(S$’000) Change Gross Revenue 697,521 682,469 2.2% Net Property Income 493,548 478,234 3.2% Distributable Income 410,675 395,824 3.8% Distribution Per Unit (“DPU”) (cents) 11.50 11.16 3.0% Occupancy Rates

Occupancy stood at 99.2% which you can find from their presentation slides below. Annual Shopper Traffic has declined slightly by 0.9% which is not too worrying and based on this figure, we can see how strong malls under Capitaland Mall is able to continue to attract shoppers despite the threat

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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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