Page 71 - ar2013

SEO Version

Business
Review
PORTFOLIO LEASE EXPIRY PROFILE FOR 2014
1
As at 31 December 2013
Number of Leases
% of Mall NLA
2
% of Mall Income
3
Tampines Mall
47
26.6
26.6
Junction 8
50
33.9
34.0
Funan DigitaLife Mall
40
16.7
21.1
IMM Building
 4
144
30.8
19.7
Plaza Singapura
63
37.0
26.3
Bugis Junction
83
21.2
29.6
Raffles City Singapore
 4
52
32.6
30.4
Lot One Shoppers’ Mall
87
41.5
49.2
Bukit Panjang Plaza
29
8.5
15.0
The Atrium@Orchard
 4
10
1.7
2.3
Clarke Quay
20
25.7
22.8
JCube
32
13.9
11.2
Bugis+
5
5.2
4.3
Westgate
4
2.9
0.2
Other assets
 5
30
10.2
13.6
CMT Portfolio
696
6
22.8
21.0
1
Based on committed leases.
2
As a percentage of total NLA for each respective mall as at 31 December 2013.
3 As a percentage of total gross rental income for each respective mall and excludes gross turnover rent.
4 Includes office leases (for IMM Building, Raffles City Singapore and The Atrium@Orchard) and warehouse leases (for IMM Building only).
5 Includes Sembawang Shopping Centre and Rivervale Mall.
6 Of which 568 leases are retail leases.
10 LARGEST TENANTS BY TOTAL GROSS RENTAL INCOME
1
As at 31 December 2013
Tenant
Trade Sector
% of Gross
Rental Income
RC Hotels (Pte) Ltd
Hotel
3.2
Cold Storage Singapore (1983) Pte Ltd Supermarket / Beauty & Health / Services / Warehouse
2.7
Temasek Holdings (Private) Limited
Office
2.5
Wing Tai Clothing Pte Ltd
Fashion / Food & Beverage
2.4
Robinson & Co. (Singapore) Pte Ltd Department Store / Beauty & Health
2.4
NTUC
Supermarket / Beauty & Health / Food & Beverage / Services
1.9
BHG (Singapore) Pte. Ltd
Department Store
1.9
Jay Gee Enterprises (Pte.) Ltd
Fashion / Beauty & Health / Sporting Goods & Apparel /
Shoes & Bags
1.7
Auric Pacific Group Limited
Food & Beverage
1.6
McDonald’s Restaurants Pte. Ltd.
Food & Beverage
1.1
Total
21.4
1
Includes CMT’s 40.00% interest in Raffles City Singapore and CMT’s 30.00% interest in Westgate; based on actual gross rental income for the month of
December 2013 and excludes gross turnover rent.
TOP 10 TENANTS
CMT’s gross rental income is well-distributed within its portfolio of over 2,900 leases. As at 31 December 2013,
no single tenant contributed more than 4.0% of total gross rental income. Collectively, the 10 largest tenants
accounted for about 21.4% of the total gross rental income.
69