Basic Profile & Key Statistics
CapitaLand China Trust (CLCT) invests in retail and office properties in China, currently owns 16 properties.
Performance Highlight
Performance increased YoY mainly due to contribution from the newly acquired business parks, CapitaMall Nuohemule as well as lower rental relief.
Rental reversion for retail is at -2.1% while for office is at 6.7%.
Both shopper traffic and tenant sales increased YoY by more than 40%.
The acquisition of the 5 business parks is completed in 1H 2021. Though the acquisition of Singapore-Hangzhou Science & Technology Park Phase I and Phase II were only completed in June, the contribution was started in February.
In 1H 2021, CLCT divested both CapitaMall Saihan and CapitaMall Mingzhongleyuan.
AEI for Rock Square has been completed and more than 30 new shops have opened. AEI for CapitaMall Yuhuating is ongoing...