CapitaLand Mall Trust Management (CMTML), the manager of CapitaLand Mall Trust (CMT), says CMT has achieved a distributable income of S$103.5 million (US$75 million) for the quarter to September 30. That marks an increase of 4.9 per cent over the $98.7…
Despite challenges in the retail sector, CapitaLand Mall Trust (CMT) maintained stability in its fourth quarter. “This points to the underlying strength of our well-located malls, and the management’s continuous focus on enhancing their offering as well as…
CapitaLand, through its wholly owned shopping-mall business CapitaLand Mall Asia, has signed its first third-party shopping centre-management contract in Singapore to run the new SingPost Centre. Described as a world-first, Singapore Post is currently…
CapitaLand Mall Trust (CMT) has overcome what it describes as a “soft” Singapore retail market to increase its profit and distribution. A 3.7 per cent increase in distributable income to S$193.9 million (US$143 million) for the first half-year coincides with…
CapitaLand Mall Trust says its portfolio of “necessity malls” has proven resilient to the challenging economic and retail period of the last year. CapitaLand Mall Trust Management (CMTML), the manager of CapitaLand Mall Trust (CMT), has reported a…
CapitaLand has sold its 18 month old Bedok Mall in Singapore to a trust. CapitaLand subsidiaries Brilliance Residential and CMA Singapore Investments have entered into a sale and purchase agreement with HSBC Institutional Trust Services, trustee of CapitaLand…