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Repositioning CapitaLand's REITs

Goola Warden
Goola Warden • 12 min read
Repositioning CapitaLand's REITs
The merger of CMT and CCT, if it happens, could pave the way for redevelopment opportunities that would lift GFA.
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As CEO of the manager of CapitaLand Mall Trust’s (CMT), it is the duty of Tony Tan to drop in on the property of his tenant for a spot check, to see if Covid-19 safe management measures were being observed.

The conversation with the tenant who operated a cinema soon steered towards whether life would get back to normal after the pandemic and when cinemas would see crowds return to watch the latest Hollywood blockbuster.

“I walked into the cinema to take a look at the [safe management] arrangement and it was okay,” says Tan. “Still, the operator would have to be on the ball though,” adds Tan, “It’s about the additional cleaning that cinemas require.”

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