Capitaland Mall Trust - Annual Report 2015 - page 17

15
CapitaLand Mall Trust
Annual Report 2015
Innovative Asset Enhancement Initiatives
Creative asset planning unlocks the potential value of
CMT’s malls to further propel growth by enhancing the
retail environment and improving the attractiveness
of the malls to shoppers and retailers. Diverse ways
to increase the yield and productivity of CMT’s retail
space include:
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converted to higher-yield space
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efficiency
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bridge space, and converting mechanical and
electrical areas into leasable space
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play and rest areas, providing advice on shopfront
design and creating better shopper circulation to
enhance the attractiveness of our malls
Inviting Experience
To stay ahead of consumer trends, we constantly
reinvent retail experience 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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which ensures a consistently good combination of
attractive and popular retail outlets in CMT’s malls
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excitement and positive sales
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pleasant, comfortable and exciting environment
by improving connectivity to public amenities,
social media walls, upgrading restroom facilities,
baby nursing rooms, children’s playgrounds,
designated water play areas with interactive
features for children, and alfresco dining areas
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draw in the crowds as well as attractive loyalty
programmes for shoppers
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design ideas
Instrumental Investments
The ability to identify value-adding acquisitions,
investments and greenfield development projects to
add to the portfolio and further enhance its value is
central to CMT’s long-term sustainable growth.
Our investments must satisfy the investment criteria of:
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UÊ ,i˜Ì>ÊÃÕÃÌ>ˆ˜>LˆˆÌÞÊ
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CMT’s 14.55% interest in CapitaLand Retail China
Trust provides some exposure to the growth in the
China retail real estate market without significantly
changing the asset profile of CMT.
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
diversifying our sources of funding, extending the
debt maturity profile and reducing the quantum due
for refinancing in any one year.
Overview
Sustainability
Business
Review
Portfolio
Details
Corporate
Governance &
Transparency
Financials &
Additional
Information
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