Welcome!
Home CapitaLand Retail China Trust (CRCT)
Broker's Calls
Why CLCT is a 'buy' despite its weak FY2020 results
DBS believes that CLCT has “compelling value for a morphing China behemoth”.
February 03, 2021
Results
CapitaLand China Trust posts 30.2% lower 2H20 DPU of 3.33 cents and 35.9% lower FY20 DPU of 6.35 cents
This brings FY2020 DPU to 6.35 cents, 35.9% lower than the 9.90 cents posted a year ago after capital distribution.
January 29, 2021
Broker's Calls
Divestment of mall 'positive surprise' for CapitaLand Retail China Trust, says DBS
The analysts have maintained their "buy" call on the REIT with the same target price of $1.70.
January 13, 2021
REITs
CapitaLand Retail China Trust divests entire interest in Wuhan entity which holds CapitaMall Minzhongleyuan for $52.6 mil
The agreement was signed on Jan 11 by HSBC Institutional Trust Services’ wholly-owned subsidiary Somerset (Wuhan) Investments.
January 11, 2021
REITs
CapitaLand Retail China Trust opens CapitaMall Nuohemule in Inner Mongolia with 100% occupancy
Following the mall’s opening, CRCT will be divesting CapitaMall Saihan as part of a bundle deal to strengthen CRCT's portfolio.
December 21, 2020
Broker's Calls
DBS more bullish on CRCT, raises TP to $1.70
DBS says CRCT’s yield accretion post acquisition is attractive at 5%.
December 10, 2020
REITs
CapitaLand Retail China Trust to raise $300 mil through equity fund raising
The funds will go to financing part of the acquisition cost of the 5 business park properties and Rock Square Mall in China.
November 17, 2020
Company in the news
CapitaLand to grow new economy assets in China to $5 bil
Investments will include business parks, logistics and data centres.
November 16, 2020
Company in the news
CapitaLand to divest interest in 5 business park properties and Rock Square mall to CapitaLand Retail China Trust
It plans to enter into a 49:51 joint venture with CRCT in Ascendas Xinsu portfolio
November 06, 2020
Results
CRCT says it sees 'sustained improvements' in shopper traffic and tenant sales in 3Q business update
Units in CRCT closed 5 cents lower or 4.1% down at $1.17 on Oct 30.
October 30, 2020