CAPITALAND CHINA TRUST CapitaLand China Trust
Maybank IBG China
Reopening Theme
Corporate Day 2023
4 April 2023
CapitaMall Xizhimen, Beijing, China
Disclaimer
This presentation may contain forward-looking statements. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, availability of real estate properties, competition from other developments or companies, shifts in customer demands, shifts in expected levels of occupancy rate, property rental income, charge out collections, changes in operating expenses (including employee wages, benefits and training, property operating expenses), governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business.
You are cautioned not to place undue reliance on these forward-looking statements, which are based on the current view of management regarding future events. No representation or warranty express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Neither CapitaLand China Trust Management Limited ("Manager") nor any of its affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising, whether directly or indirectly, from any use of, reliance on or distribution of this presentation or its contents or otherwise arising in connection with this presentation.
The past performance of CapitaLand China Trust ("CLCT") is not indicative of future performance. The listing of the units in the CLCT ("Units") on the Singapore Exchange Securities Trading Limited (SGX-ST) does not guarantee a liquid market for the Units. The value of the Units and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by, the Manager or any of its affiliates. An investment in the Units is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request that the Manager redeem or purchase their Units while the Units are listed on the SGX-ST. It is intended that holders of Units may only deal in their Units through trading on the SGX-ST.
This presentation is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for the Units.
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Table of Contents
01
Key Highlights
02
Financial Results & Capital Management
03
Portfolio Overview
04
Retail Portfolio
05
New Economy Portfolio
06
Looking Ahead
07
Appendix
Ascendas Innovation Towers, Xi'an, China
Key
Highlights
Singapore-Hangzhou Science & Technology Park Phase I
Future-Ready and Resilient Portfolio
First and Largest China-FocusedS-REIT
Number of Assets Located inGross Floor Area
11 | 5 | 4 | 12 | ~2 |
Retail | Business | Logistics | cities | mil sq m |
Park | Park |
Occupancy
Retail: 95.4%1
Business Park: 91.4%
Logistics Park: 96.4%
Diversified Portfolio in Retail, Business Parks and Logistics Parks Provide Income Resilience amid COVID-19 Environment
Retail: 68.5%
By
Business Park: 26.2% | Portfolio |
Logistics Park: 5.3% | GRI2 |
5 of Top 10 Tenants are From
New Economy Sectors
10 | 5 | Retail |
5 New
Economy
FY 2020 before | 4Q 2022 |
expansion of mandate
Delivering
Steady Distributions
FY 2022 Distribution per Unit
7.50 S Cents3
Notes:
- Retail Portfolio occupancy excludes CapitaMall Qibao as the Manager is ceasing operations at the mall ahead of the master lea se expiration in January 2024.
- As at 31 December 2022 on a 100% basis excluding CapitaMall Qibao.
- Distribution yield of 6.6% based on 2022 DPU of 7.50 S cents and unit price of S$ 1.13 as at 31 March 2023.
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Disclaimer
CapitaLand China Trust published this content on 04 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2023 06:16:02 UTC.
