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CLCT's net property income for 1QFY2026 down 3.5% y-o-y to RMB282.4 mil

The Edge Singapore
The Edge Singapore • 1 min read
CLCT's net property income for 1QFY2026 down 3.5% y-o-y to RMB282.4 mil
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CapitaLand China Trust's net property income for its 1QFY2026 was down 3.5% y-o-y to RMB282.4 million, with the absence of contribution from assets already divested. Excluding which, CLCT's NPI for the quarter was up 1.3% y-o-y.

Gross revenue, also because of the divestment of CapitaMall Yuhuating, was down 5.3% y-o-y to RMB416.4 million, and down 0.4% y-o-y if excluded.

The malls remaining in CLCT's portfolio saw its committed occupancy rate dip to 97% as of March from 97.2% as of last December. Rental reversion was down 2.1%.

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