Operational Statistics Presentation
Development
China
Section 3: FY 2020 Operational Highlights
Retail Performance
CapitaLand
Improving operating metrics for core retail markets of Singapore and China expected
to continue
Shopper traffic
Tenant sales¹
Committed Occupancy Rate (%)³
-22%¹ YoY2
-32% YoY2
97.8
89
88.2
•
China
Singapore
Malaysia
1Q 2020 2Q 2020 3Q 2020 4Q 2020
-17.5%¹ YoY²
-42.7% YoY2
-13.8%¹ YoY2
-40.1% YoY²
M MI
1Q 2020 2Q 2020 3Q 2020 4Q 2020
1Q 2020 2Q 2020 3Q 2020 4Q 2020
Notes:
1. Change in tenants' sales per sqm (for China) and sq ft (for Singapore and Malaysia)
.
•
•
•
FY 2020 shopper traffic and tenant sales in China and
Singapore show that gaps towards pre-COVID levels
continue to narrow
Close to 200 new store openings in Singapore in FY 2020
and YTD 2021
Malaysia retail was subjected to а COVID-19
resurgence and the country's nationwide movement
control order (MCO) in 4Q 2020
CapitaLand divested three shopping malls (La Park
Mizue, Vivit Minami-Funabashi, and CO-OP Kobe
Nishinomiya Higashi) in Japan in Nov 2020. Two
shopping malls remain in the Japan portfolio
Overall retail portfolio committed occupancy rate
remained above 88%
CapitaLand's digitally-enabled retail operations and
strategic locations are the key differentiating factors for
our malls. We will continue building our digital expertise
to increase connectivity beyond physical assets. This will
enhance our overall network effect and accessibility to
customers and tenants, both online and offline
2.
FY 2020 versus FY 2019
3.
As of 31 Dec 2020
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