Portfolio at a Glance
CMT’s portfolio of 16 quality shopping centres are well diversified in the suburban areas and downtown core of Singapore. The portfolio includes Tampines Mall, Junction 8, Funan DigitaLife Mall, IMM Building, Plaza Singapura, Bugis Junction, Sembawang Shopping Centre, JCube, Hougang Plaza, Raffles City Singapore (40.00% interest), Lot One Shoppers’ Mall, Bukit Panjang Plaza, Rivervale Mall, The Atrium@Orchard, Clarke Quay and Iluma.
These shopping centres are largely well-connected to public transportation nodes such as Mass Rapid Transit (MRT)/Light Rail Transit (LRT) stations and bus interchanges. They are also strategically located either in areas with large population catchment or within Singapore’s popular shopping and tourist destinations. The opening of additional Circle Line MRT stations in 2011 benefited CMT’s shopping centres such as Junction 8, Plaza Singapura and Raffles City Singapore which are located near these MRT stations.
In May 2011, CMT took a 30.00% stake in a joint venture to develop a prime site at Jurong Gateway, marking its first foray into greenfield developments. The new retail and office development will be called Westgate.
The Manager continues to strive to ensure that each shopping centre in CMT’s portfolio optimises its financial performance, strengthens its market position as the leading mall serving its respective target market, as well as provides the ideal shopping experience for its shoppers. This is achieved through a combination of active tenant remixing and asset enhancements, stringent mall maintenance standards, and unique mall-centric marketing and promotional activities.
- Includes CMT’s 40.00% interest in RCS Trust and excludes CMT’s 30.00% interest in Infinity Mall Trust and Infinity Office Trust.
- Excludes JCube which has ceased operations for asset enhancement works but includes the post-asset enhancement net lettable area of The Atrium@Orchard and Iluma.
- Excludes JCube, the office and hotel leases of Raffles City Singapore and the office and warehouse leases of IMM Building.
- Excludes JCube.
- Excludes Hougang Plaza, JCube, The Atrium@Orchard and Iluma.
