Friend   Blog Post  CapitaLand Mall Trust Analysis @ 9 Jul 2020
Basic Profile & Key Statistics
Capitaland Mall Trust (CMT) is the first SREIT listed in SGX in July 2002. In January 2020, both Capitaland Mall Trust and Capitaland Commercial Trust (CCT) announced for merger through the acquisition by CMT, initially expected to be completed in June 2020. However, due to COVID, this has been delayed and management announced in May that the Long-Stop Date under the Implementation Agreement remains on 30 September 2020. Once merged, it would become the largest SREITs in terms of market cap.

Lease Profile

Occupancy is high at 98.5%. Income received in SGD is not 100% because of its 11% interest in Capitaland Retail China Trust (CRCT). WALE of 2.2 years is the median of retail SREITs with Singapore properties. The highest lease expiry by GRI of 32.4% will be expiring in the year ...


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