With a leading position in Singapore's private retail space, CICT’s retail portfolio NLA of 4.1 million sq ft is well distributed across Singapore's downtown and suburban regions. i Comprises Bugis Junction, Bugis+, CQ @ Clarke Quay, Plaza Singapura, and the retail components of Funan, Raffles City Singapore and The Atrium@Orchard. ii Comprises Bedok Mall, Bukit Panjang Plaza, Junction 8, Lot One Shoppers' Mall, Tampines Mall, Westgate and the retail component of IMM Building. SINGAPORE RETAIL: SUBURBAN VS DOWNTOWN PROPORTION BY NLA AS AT 31 DECEMBER 2023 Downtowni Suburbanii 52.4% 47.6% Retail: Stable and Healthy Retail Occupancy CICT’s retail portfolio maintained a healthy occupancy rate of 98.5% as at 31 December 2023, outperforming the previous year's occupancy rate of 98.3%. The occupancy for CQ @ Clarke Quay was excluded for FY 2022 but included in FY 2023 on the completion of the majority AEI works. Due to our proactive leasing strategy and asset management, the occupancy was above URA's Singapore islandwide retail space occupancy rate of 93.5% for 4Q 2023. SINGAPORE RETAIL COMMITTED OCCUPANCY (%) Bedok Mall Bugis Junction IMM Building 96.1 97.4 Junction 8 100 99.7 Lot One Shoppers' Mall 98.8 99.9 Tampines Mall 99.8 100 Westgate 91.0 97.4 Funan 100 100 100 100 Plaza Singapura 96.8 100 The Atrium@ Orchard 98.7 98.9 Raffles City Singapore 99.8100 Other Assets i 99.5 99.5 As at 31 Dec 2022 As at 31 Dec 2023 i Other Assets comprises Bugis+ and Bukit Panjang Plaza. 99.8 99.6 58 CAPITALAND INTEGRATED COMMERCIAL TRUST OPERATIONS REVIEW RETAIL
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