CapitaMall Wangjing Archives - Inside Retail Asia
CapitaLand Retail China boosted its distributable income by 9.4 per cent last year.
CapitaLand China is reporting solid gains from the reconstitution of its Mainland China retail portfolio.
CapitaLand China Retail Trust has boosted its distribution income by 9.6 per cent in the first quarter.
The net property income for CapitaLand Retail China Trust Management was RMB161.3 million for its third quarter.
New property income for CapitaLand Retail China Trust rose 4.6 per cent to RMB339.3 million.
China’s slowing growth has failed to diminish returns for CapitaLand Retail China Trust (CRCT).
Singapore’s CRCT shopping mall investment company – CapitaLand China – grew its income by 10.3 per cent last year while China’s economy lagged at 6.9 per cent.
CapitaLand Retail China Trust has had a bumper quarter to September, its distributable income rising 14.2 per cent year on year.
CapitaLand China says its shopping malls are 95 per cent leased and its tenants’ sales have risen 17.8 per cent this year.