Capitaland Mall Trust is a very well-known REIT amongst Singapore REIT investors. They own a large portion of retail malls in Singapore such as Bukit Panjang Plaza, Bugis, Clarke Quay, etc. The retail sector has been hit hard all around the world and Singapore was not spared. Let’s take a quick look at the 3 key takeaways from the 2Q results of Capitaland Mall Trust.
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|Year on Year Difference||2nd Quarter||1st Half|
|Gross Revenue||S$114.1 million (-39.8%)||S$318.4 million (-16.7%)|
|Net Property Income (NPI)||S$68.1 ...|