Portfolio
at a Glance
CMT’s portfolio of 16 quality
shopping malls is 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, Raffles City Singapore
(40.00% interest), Lot One
Shoppers’ Mall, Bukit Panjang Plaza,
Rivervale Mall, The Atrium@Orchard,
Clarke Quay, Bugis+ and Westgate
(30.00% interest).
These shopping malls are
largely well-connected to public
transportation nodes such as
Mass Rapid Transit (MRT)/Light
Rail Transit (LRT) stations and bus
interchanges and are strategically
located either in areas with large
population catchments or within
Singapore’s popular shopping
and tourist destinations.
The Manager continues to strive to
ensure that each shopping mall
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, asset enhancements,
stringent mall maintenance
standards as well as unique
mall-centric marketing and
promotional activities.
Property Valuation
S$8,799.4 million
1
Net Lettable Area
5.6 million sq ft
2
Committed Occupancy Rate
98.5%
3
Number of Leases
2,955
Total Annual Shopper Traffic
298.2 million
4
1
Includes CMT’s 40.00% interest in Raffles City Singapore and CMT’s 30.00% interest in Westgate.
2
Includes the post-asset enhancement net lettable area of Bugis Junction.
3 Excludes the office and hotel leases of Raffles City Singapore as well as the office and warehouse leases of IMM Building.
4 Excludes Westgate which was under development and commenced mall operations on 2 December 2013.
PROPERTY PORTFOLIO SUMMARY
As at 31 December 2013
Clarity
106
CapitaMall Trust
Annual Report 2013