Basic Profile & Key Statistics CapitaLand Retail China Trust (CRCT) was a pure Retail REIT with 13 properties in China. With the recently expanded mandate, CRCT investment is expanded to other sectors which include office, industrial and logistics in China, Hong Kong and Macau.
Performance Review

There is no financial statement released in this quarter due to the adoption of half-yearly reporting.
3Q 2020 shopper traffic and tenants sales have recovered to 89% and 91.9% respectively as compared to 3Q 2019. 

AEI for Rock Square which is expected to increase an additional more than 1000 sqm of NLA over the next 2 to 3 years.

Lease Profile

Occupancy is moderate at 93.7%. WALE is short at 2.4 years where the highest lease expiry of 31.8% falls in 2021. Weighted average land lease expiry is short at 23.75 years.
Debt Profile Gearing increases from 33.6% to 34.7%. Cost of debt is moderate at 2.8%...