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lower-yield space is converted
into higher-yield space
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to optimise space efficiency
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common areas, such as
bridge space, and converting
mechanical and electrical
areas into leasable space
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adding play and rest
areas, providing design
advisory on shop front
design and creating better
shopper circulation to
enhance the attractiveness
of our malls.
INVITING EXPERIENCES
To stay ahead of consumer
trends, we constantly reinvent
retail experiences with
innovative shopping, dining and
entertainment combinations
which help to maximise the sales
of the tenants and generate
growth through improved rental
income. The increase in shopper
traffic is generated through:
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mix with current market
trends which ensures
a continual good mix
of attractive and popular
retail outlets in CMT’s
malls
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generate fresh excitement
and positive sales
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experiences with a more
pleasant, comfortable
and exciting environment
by improving connectivity
between floors, installing
electronic car park guidance
system and media walls,
upgrading restroom facilities,
baby nursing rooms,
family rooms, children’s
playgrounds, designated
water play areas with interactive
features for children and
alfresco dining areas
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and promotional events
to draw in the crowds
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and visual merchandising
design ideas.
INSTRUMENTAL
INVESTMENTS
The ability to identify
value-adding acquisition
and investment in greenfield
development, and further
enhance their value is
central to CMT’s long-term
sustainable growth.
Our investments must satisfy
the investment criteria of:
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CMT’s 15.28% interest in
CapitaRetail China Trust provides
some exposure to the growth in
the China retail real estate market
without significantly changing
the asset profile of CMT.
In May 2011, CMT took a 30.00%
stake in Westgate, marking its first
foray into greenfield development
and offering CMT a new avenue
of growth. The mall opened on
2 December 2013. Westgate Tower
is currently under development
and a consortium has entered into
sales and purchase agreements
to purchase Westgate Tower.
INTENSIVE CAPITAL &
RISK MANAGEMENT
We seek to optimise returns
to Unitholders while maintaining
a strong capital base and credit
rating to support CMT’s growth.
Regular assessments of
capital management policies
are undertaken to ensure that
they are adaptable to changes
in economic conditions and
the risk characteristics of CMT.
We also monitor our exposures
to various risk elements
by closely adhering to
well-established management
policies and procedures.
As part of our proactive
capital management, we are
currently diversifying our
sources of funding and
reducing the lumpiness of
debts maturing in any one year.
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