Investor Presentaiton
Properties
Suburban (3)
Downtown (4)
CICT Portfolio
Continual Easing of Rental Reversion Decline Rate
From 1 January to 30 September 2021 (Excluding Newly Created and Reconfigured Units)(1)
Net Lettable Area
No. of Renewals /
New Leases
Retention Rate
(%)
Area (sq ft)
Percentage of
Mall (%)
332
83.1
414,008
18.3
207
81.2
280,620
12.5
539
82.4
694,628
15.4
Change in Incoming Year 1 Rents vs
Outgoing Final Rents (typically
includes annual step-ups) (%) (2)
(3.8)
(14.3)
(8.0)
From 1 January to 30 September 2021 (Excluding Newly Created and Reconfigured Units)(¹)
Net Lettable Area
Properties
No. of Renewals /
New Leases
Retention Rate
(%)
Area (sq ft)
Percentage of
Mall (%)
Change in Incoming Average Rents vs
Outgoing Average Rents (%)
Suburban(3
(3)
332
83.1
414,008
18.3
Downtown (4)
207
81.2
280,620
12.5
(0.9)
(8.0)
CICT Portfolio
539
82.4
694,628
15.4
(3.8)
Notes:
(1) Based on retail leases only.
(2) Exclude gross turnover rents, which typically made up 5-7% of retail gross rental revenue.
(3) Suburban malls comprise Tampines Mall, Bedok Mall, Junction 8, Lot One Shoppers' Mall, Bukit Panjang Plaza, IMM Building, Westgate and JCube.
(4) Downtown malls comprise Plaza Singapura, The Atrium@Orchard, Bugis Junction, Bugis+, Clarke Quay, Raffles City Singapore and Funan.
CapitaLand Integrated Commercial Trust A
21View entire presentation