1. Huge Growth in Gross Revenue and NPI
As expected, there is huge growth in Capitaland China Trust’s Gross Revenue and NPI thanks to the newly acquired assets which performed exceptionally during the covid pandemic thanks to the nature of the asset class which is extremely resilient....Capitaland China Trust (SGX: AU8U), a pure China-focused REIT that has recently changed its investment mandate from being a pure retail REIT to a mixed-asset REIT. With its new investment mandate, it has widened its investment scope to more real estate classes (office and industrial) as well as more geographic locations (Hong Kong and Macau). Let’s take a look at how well Capitaland China Trust (CCT) has done in FY2021, taking a deep dive into its FY2021 results, with its new investment mandate and the global economy moving into a post-covid situation.
