As at 2020 Second Quarter Financial Results (21 July 2020)
CapitaLand Malaysia Mall Trust (CMMT) is a retail REIT in Malaysia, listed on Jul 2010. It has ownership/interest in 5 properties, which are targeting the mass market demographics but shifting focus to the middle and upper-income segments as well, worth RM 4.0 billion as at 30 Jun 2020.
| |
Gross rental income
(by sector) |
Percentage |
| |
Fashion / Accessories |
30.8% |
| |
Food & Beverage |
20.4% |
| |
Beauty / Health |
12.7% |
| |
Services |
4.8% |
| |
Departmental Store |
4.8% |
| |
Leisure & Entertainment /
Sports & Fitness |
7.4% |
| |
Electronics / IT |
7.1% |
| |
Supermarket /
Hypermarket |
3.9% |
| |
Gifts / Specialty /
Books / Hobbies /
Toys / Lifestyle |
3.8% |
| |
Houseware / Furnishings |
2.6% |
| |
Others |
1.7% |
| Gross rental income
(by geographical location) |
Percentage |
| Malaysia |
100% |
| Metrics |
2Q 2020 |
1Q 2020 |
| Gearing Ratio
(Aggregate Leverage) |
34.2% |
34.1% |
| Weighted Average Debt to Maturity
(Average Term to Maturity) |
3.9 years |
4.2 years |
| Average Cost of Debt (p.a.) |
4.30% |
4.35% |
| Occupancy Rate |
88.3% |
90.9% |
| Weighted Average Lease Expiry
(by GRI) |
1.9 years |
1.9 years |
| Top 10 tenants
(gross rental income) |
14.7% |
(as at
31 Dec 19) |
| Top tenant
(gross rental income) |
4.7% |
(as at
31 Dec 19) |
| |
2Q 2020 |
2Q 2019 |
1H 2020 |
1H 2019 |
| Metrics |
RM mil |
RM mil |
RM mil |
RM mil |
| Gross Revenue |
49.9 |
84.8 |
124.4 |
172.8 |
| Property operating
expenses |
(30.5) |
(34.5) |
(65.7) |
(69.7) |
| Net Property Income |
19.4 |
50.3 |
58.7 |
103.1 |
| Distributable Income |
0.6 |
30.9 |
20.8 |
65.8 |
| DPU |
0.03c |
1.51c |
1.01c |
3.22c |
...
