Listed on Singapore Exchange Securities Trading Limited
(SGX-ST) on 8 December 2006, CapitaRetail China Trust
(CRCT) is the first pure-play China retail REIT in Singapore.
It is established with the objective of investing on a long-term
basis in a diversified portfolio of income-producing real estate
used primarily for retail purposes and located in the People’s
Republic of China (China), Hong Kong and Macau.
CRCT’s portfolio of eight retail mall properties is located
in China’s five key cities. The properties are Xizhimen Mall,
Wangjing Mall, Jiulong Mall and Anzhen Mall in Beijing,
Qibao Mall in Shanghai, Zhengzhou Mall in Zhengzhou,
Henan Province, Saihan Mall in Huhhot, Inner Mongolia, and
Xinwu Mall in Wuhu, Anhui Province.
All the malls in the portfolio are uniquely positioned as onestop
family-oriented shopping, dining and entertainment
destinations for the sizeable population catchment areas in
which they are located, and are accessible via major
transportation routes or access points. A significant portion
of the properties’ tenants consists of major international
and domestic retailers such as Wal-Mart, Carrefour and the
Beijing Hualian Group under master or long-term leases, which
provide CRCT unitholders (Unitholders) with stable and
sustainable returns. The anchor tenants are complemented by
popular specialty brands such as Vero Moda, Esprit, Watsons,
KFC, Pizza Hut, BreadTalk etc.
CRCT is managed by an external manager, CapitaRetail China
Trust Management Limited (CRCTML or the Manager), which
is an indirect wholly-owned subsidiary of CapitaLand Limited
(CapitaLand), one of the largest listed real estate companies
in Asia.
