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…
The iconic Funan DigitaLife Mall, which belongs to CapitaLand Mall Trust, will be closed officially on 1 July 2016 for redevelopment works that is expected to last for three years. The redevelopment will add about 388,000 square feet (sq ft) of space to the…
To maintain its relevance in a fragmented and slow retail market, Singapore-listed Challenger Technologies will launch a new online store concept in April. In announcing its results for the full year and fourth quarter ended December 31, the IT products and…
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…
Singapore-listed Challenger Technologies, the state’s largest IT products and services provider says it will boost its push towards a digital retail ecosystem and advanced software development initiatives for continued growth. Its statement followed news…