China Merchants Commercial Real Estate Investment Trust Reported unaudited operating statistics for the three months ended 31 March 2022. For the period, the company reported occupancy rate of overall property portfolio decreased marginally from 87.7% to 87.4%. Passing rent of each property remained stable, in particular, the Garden City Shopping Centre's passing rent increased from RMB 176.8 to RMB 179.0 per square meter.

Within the office portfolio the aggregate occupancy at the office properties improved marginally, from 86.9% to 87.1%. The office passing rents at the properties also improved. The largest increase was at Technology Building, where the passing rent increased by RMB 1.20, to RMB 120.80 per square meter.