Basic Profile & Key Statistics
- Main Sector(s): Retail, Office & Hospitality
- Country(s) with Assets: Singapore, Australia, Germany, China, Malaysia
- of Properties (exclude development/associate/fund): 25
Performance Highlight
Gross revenue and NPI have improved yoy slightly.
Shopper Traffic and Tenant Sales
Overall tenant sales psf has improved despite a decline in shopper traffic.
Rental Reversion
Rental reversion is at negative 4.1% if compare year 1 rents vs outgoing final rents and negative 1.3% if compare incoming average rents vs outgoing average rents.
Acquisition & Divestment
From March to April, CICT has divested JCube and acquired 66 Goulburn Street, 100 Arthur Street and 70% interest in CapitaSky.
Development & Asset Enhancement Initiative
F&B tenants in CapitaSpring have opened since 1Q while retail units at L1 podium of 6 Battery Road have progressively been opened as well.
Tampines Mall would be part of the Tampines DDC (Distributed District Cooling) network, which is expected to be operational by...
