CapitaLand Mall Trust (SGX: C38U) is the largest retail real estate investment trust (REIT) listed in Singapore. The REIT owns a total of 15 malls including the recently-opened Funan, Plaza Singapura, and Bugis Junction. CapitaLand Mall Trust also owns 11.2% of another Singapore-listed REIT, CapitaLand Retail China Trust (SGX: AU8U).
Yesterday, CapitaLand Mall Trust announced the financial results for its third quarter ended 30 September 2019. Overall business was boosted by contributions from Funan and Westgate. Let’s find out more.