Investor Presentaiton
Optimising Portfolio to Enhance Returns
Extract Value
✓
CapitaMall Wangjing:
AEI to rejuvenate ~14,000 sq m of recovered anchor
department store space
~20% of prime lettable area across Level 1 to 3 will be refreshed and
optimised
Reduced exposure to dated Department Stores from 15.0% to 0.0%¹
Top retail tenant group exposure will reduce from 3.0% to 2.3%²
Positive leasing responses received:
•
~31.5% of AEI NLA have been secured
Additional 850 sqm NLA is at advanced negotiation stage
>100%
Increase in Total
Rent Post AEI
3Q 2022
AEI Completion
Expected progressive
Ascendas Xinsu Portfolio:
Converting 3 R&D units and part
of existing lobby space at level 1
into co-working space (Bridge +)
Enhance competitiveness of the asset by
adding co-working amenities in existing R&D
building
✓ Capture spillover space needs of existing
tenants and ad-hoc space needs of new co-
working users
Enhance efficiency of level 1 floor area while
carving out more areas for collaboration
2Q 2022
Expected progressive
AEI Completion
Notes:
1.
2.
Comparing 31 December 2016 to 30 September 2021.
By total rental income as of 31 December 2021, comparing to before and after department store termination.
CapitaLand China Trust
Financial Results for FY 2021
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