CRCT

Retail Asia12/04/2019

CapitaLand Retail China Trust (CRCT) and CapitaLand will divest their combined 100 per cent interests in CapitaMall Wuhu to an unrelated third party. Located in Wuhu city in China’s Anhui Province, CapitaMall Wuhu is a five-storey shopping mall of around 45,000sqm that has been closed since the third quarter of last year, following the exit […]

Retail Asia04/04/2019

CapitaLand Retail China Trust (CRCT) and CapitaLand today announced that their respective subsidiary and associate have entered into an agreement to divest their combined 100% interests in a company, which owns CapitaMall Wuhu, to an unrelated third party. The transaction is based on the company’s adjusted net asset value, including but not limited to its […]

Retail Asia12/02/2019

CapitaLand Retail China boosted its distributable income by 9.4 per cent last year on the back of a new acquisition and improved performance of multi-tenanted malls. CapitaLand Retail China Trust Management (CRCTML), the manager of CapitaLand Retail China Trust (CRCT), reported a distributable income of S$99.7 million (US$73.5 billion) for the year. “CRCT delivered a […]

Retail Asia02/11/2018

High occupancy rates of the CapitaLand China malls portfolio helped deliver a 10.5 per cent increase in distributable income in the three months to September. CapitaLand Retail China Trust Management Limited (CRCTML), the manager of CapitaLand Retail China Trust (CRCT), says income reached S$23.6 million this year, compared with $21.4 million the same quarter last […]

Retail Asia31/07/2018

CapitaLand Retail China Trust Management Limited (CRCTML), the manager of CapitaLand Retail China Trust (CRCT), announced today that it registered distributable income of S$25.7 million for the period 1 April to 30 June 2018 (2Q 2018), an increase of 10.0% from S$23.3 million a year ago. The stronger performance was boosted by the first full-quarter […]

Retail Asia30/07/2016

CapitaLand’s China retail venture has had a strong half year, despite the tepid retail sector. CapitaLand Retail China Trust Management, which manages CapitaLand Retail China Trust , has achieved net property income of RMB339.3 million (US$50.92 million) for the six months to June 30, up 4.6 per cent from the same period last year. Chairman […]

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 […]

Retail Asia11/02/2016

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It will benefit from increased consumption. CapitaLand Retail China Trust is still poised for growth despite China’s slowing economy, according to a report by DBS. Although investors are currently fearful of the slowdown in China’s GDP growth, DBS said that RCT should remain well positioned as it should benefit from China’s move towards a consumption-based […]

Tag: CRCT

CapitaLand sells stake in CapitaMall Wuhu

CRCT and CapitaLand to divest their interests in CapitaMall Wuhu

Tenant reshuffles bring good revenue for CapitaLand Retail China

High occupancy pays off for CapitaLand China malls

CRCT’s 2Q 2018 distributable income rises 10.0%

CapitaLand Retail China Trust property income rises

CapitaLand China growth outpaces economy

Will escalating China woes derail CRCT’s growth story?