According to Chan, the REIT’s retail malls remained the most resilient asset class among the whole portfolio. Retail’s committed occupancy rate inched up to 97.2%, and occupancy cost lowered to 17.5% in FY2025.
With the successful securitisation of CapitaMall Yuhuating in June last year, Capitaland China Trust (SGX:AU8U
) (CLCT) is on a mission to acquire a replacement asset in 2026. During this interim period, the loss of income from CapitaMall Yuhuating was supported by a distribution top-up of 0.33 cents in 2HFY2025.
“What we seek to do here is to provide unitholders with some income stability despite the difficult conditions, while we look for a quality replacement asset to replenish and hopefully exceed the loss income from the securitisation,” says Gerry Chan, CEO of the manager, at the Feb 5 results briefing.
