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CapitaLand Mall Trust
Annual Report 2015
Overview
Sustainability
Business
Review
Portfolio
Details
Corporate
Governance &
Transparency
Occupancy Cost
CMT’s portfolio occupancy cost remained healthy and registered at 18.5% in 2015. Occupancy cost is dependent
on various factors including trade mix and type of tenants in the portfolio.
1 Occupancy cost is defined as a ratio of gross rental (inclusive of service charge, advertising and promotional charge and gross turnover rent)
to tenants’ sales.
2 Includes Rivervale Mall; and excludes Bugis Junction, Westgate and Bedok Mall.
3 Includes Bedok Mall; and excludes Bugis Junction and Rivervale Mall. On a comparable mall basis (includes Rivervale Mall for the period
January to November 2015 and excludes Bugis Junction, Westgate and Bedok Mall), the occupancy cost was 17.3% for 2015.
Occupancy Cost
1
of CMT Portfolio
(%)
Shopper Traffic
1
(million)
2015
3
2015
2014
2
2014
17.6
18.5
Shopper Traffic
Shopper traffic increased by 4.9% year-on-year in 2015. We continually refresh and enhance the retail offerings
of our malls and shopping experiences of our shoppers through AEI, active management of the tenant mix in
each property and marketing efforts.
1 For comparable basis, CMT portfolio includes Bedok Mall (which was acquired on 1 October 2015); and excludes Bugis Junction
(which underwent phase two AEI from March 2014 to September 2014) as well as Rivervale Mall (which was sold on 15 December 2015).
320
300
280
260
240
220
200
Financials &
Additional
Information
