Portfolio Overview Statistics1
13
Retail Portfolio2
19.1
Retail Portfolio Property Valuation across Properties3
(RMB billion)
1,005,289
Gross Floor Area
(sq m)
94.1%
Portfolio Committed Occupancy Rate4
43.1%
Essential Sectors by GRI5
5
Business Park Portfolio6
4.7
Business Park Portfolio Property Valuation across Properties7
(RMB billion)
764,448
Gross Floor Area
(sq m)
92.3%
Portfolio Committed Occupancy Rate8
83
Number of Buildings
1 Data as at 31 December 2020.
2 The announcements regarding the divestment of CapitaMall Minzhongleyuan and CapitaMall Saihan were issued on 11 January 2021 and 1 February 2019 respectively. The divestment of CapitaMall Minzhongleyuan was completed in February 2021 while the divestment of CapitaMall Saihan is expected to be completed in 2Q 2021. With the completion of the divestment of CapitaMall Minzhongleyuan, CLCT has a portfolio of 12 retail malls.
3 Based on valuation as at 31 December 2020. The portfolio property valuation includes the valuation of 12 malls and the agreed property selling price of CapitaMall Saihan. Includes 100% stake of Rock Square, as the acquisition of the remaining 49% stake was completed on 30 December 2020.
4 Based on all committed leases as at 31 December 2020. Excludes CapitaMall Minzhongleyuan and CapitaMall Saihan. The divestment of CapitaMall Minzhongleyuan was completed in February 2021. The divestment of CapitaMall Saihan is expected to be completed in 2Q 2021.
5 Includes supermarket, F&B and services.
6 The announcement regarding the acquisition of 51% interest in Ascendas Xinsu Portfolio, 100% interest in Ascendas Innovation Towers, 80% interest in Ascendas Innovation Hub, 80% interest in Singapore-Hangzhou Science & Technology Park Phase I And Phase II and balance 49% interest in Rock Square was issued on 6 November 2020. The acquisitions of 51% interest in Ascendas Xinsu Portfolio, 100% interest in Ascendas Innovation Towers, 80% interest in Ascendas Innovation Hub and 49% interest in Rock Square were completed on 4 January 2021, 10 February 2021, 26 February 2021 and 30 December 2020, respectively. The acquisition of the remaining two business parks is expected to be completed in 2Q 2021.
7 Based on agreed property value on 100% basis.
8 Based on all committed leases as at 31 December 2020.