In this new series, we will feature one Singapore-listed company each time as a quick guide to everything you should know about it in 60 seconds.
In this instalment, we have CapitaLand Mall Trust (SGX: C38U), a shopping mall real estate investment trust (REIT) with malls located all around our sunny island. Previously, we featured Singapore Exchange Limited (SGX: S68), Singapore’s only stock market operator.
What’s CapitaLand Mall Trust’s Business About?CapitaLand Mall Trust’s business is simple to understand.
As a REIT, it basically receives rental income and income from operating car parks from the various malls it owns.
Currently, CapitaLand Mall Trust is the biggest shopping mall owner in Singapore with 15 shopping centres scattered all over Singapore.
CapitaLand Mall Trust has been a steady grower over the years.
Gross revenue increased by around 6% from
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