CapitaLand Mall Trust

SINGAPORE (Nov 29): Maybank Kim Eng is maintaining “hold” on CapitaLand Mall Trust (CMT) with a higher price target of $2.20 compared to $2.15 previously, after raising distribution per unit (DPU) estimates by 1-7% to factor in the trust’s recently-

(Nov 24): Online shopping in Singapore is lacklustre even after Amazon Inc debuted its Prime service in mid-2017. The island’s malls are trying hard to keep it that way.

SINGAPORE (Apr 20): The manager of CapitaLand Mall Trust (CMT) has declared a 1Q18 distribution per unit (DPU) of 2.78 cents, 1.8% higher than its 1Q DPU of 2.73 cents a year ago on higher revenue and lower property expenses and finance costs.

SINGAPORE (Jan 24): The manager of CapitaLand Mall Trust (CMT) has posted a 4Q17 distribution per unit (DPU) of 2.90 cents, 0.7% higher than a year ago.

SINGAPORE (July 21): CapitaLand Mall Trust (CMT) reported a 0.2% increase in its DPU for 1H17 to 5.48 cents, from 5.47 cents in 1H16.

SINGAPORE (June 7): CapitaLand is pushing the boundaries of reinventing space when it comes to indoor attractions and air-conditioned parks.

This article appeared in Issue 782 (June 5) of The Edge Singapore

SINGAPORE (April 27): CapitaLand Mall Trust says Funan has received well over 80,000 sf leasing commitment ahead of opening in 2019.

SINGAPORE (April 4): The potential $2.2 billion acquisition of Jurong Point mall is a sign that the market is receptive to paying a premium for assets with good quality and scalability, according to DBS Group Research.

SINGAPORE (Jan 24): By many accounts, CapitaLand Mall Trust is beginning to buckle at the seams amid the sluggish retail environment characterized by slow tenant sales and low shopper traffic.