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Retail Asia15/02/2016

Singapore-based shopping mall investment company CapitaLand Retail China Trust (CRCT) grew its income last year by 10.3 per cent to S$89.2 million ($63 million) from S$80.9 million. With China’s economy growing 6.9 per cent last year, the company’s retail sales drew 10.7 per cent of RMB30.1 trillion ($4.58 trillion), reports CRCTML chairman Victor Liew (CRCTML […]

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Retail Asia04/11/2015

2Shopping-Malls_China_Beijing_CapitaMall-Wangjing_CapitaMall-Wangjing-Beijing-Facade-1024x556.jpg

CapitaLand Retail China Trust has had a bumper quarter to September, its distributable income rising 14.2 per cent year on year. CRCT is the only China shopping mall Real Estate Investment Trust (REIT) based in Singapore, with a portfolio of 10 shopping malls located in Mainland China. CapitaLand Retail China Trust Management, which manages CRCT, […]

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Retail Asia03/08/2015

CapitaLand is making the most of China’s retail sales growth, its mall portfolio posting growth of 6.1 per cent in net property income. In results released this morning, CapitaLand Retail China Trust Management Limited (CRCTML), the manager of CapitaLand Retail China Trust (CRCT), announced distributable income of S$45.1 million for the first half of this […]

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