It is also the largest retail REIT by market capitalisation, at S$8.8 billion, and owns 15 quality shopping malls comprising a diverse list of around 2,800 tenants. Some of the malls within CMT’s portfolio include the newly-refurbished Funan, Junction 8, IMM, Plaza Singapura, and Bugis Junction.
It may seem a daunting task for an investor to try to understand such a large and established REIT.
To make things easier, I will zoom in on eight key aspects of the REIT so as to provide investors with a clearer picture of how CMT operates, and also how it is performing.
The numbers I use will be from CMT’s latest Q1 2019 earnings report and presentation slides.
Disclaimer: This is not a sponsored post. Opinions expressed in the article by the