CapitaLand Retail China Trust’s income jumps by 10.3% to $89.2m in 2015

On back of its well-placed shopping malls.

The firm finds itself in a cozy shelter in the midst of China’s slower growth, as CapitaLand Retail China Trust’s (CRCT) family-oriented malls drove its bottomline, benefitting from the country’s growing urban population and rising retail sales.

According to a press release by CRCT, its distributable income also grew by 6.5% to $21.8m in Q4, while its distribution per unit (DPU) also increased by 7.9% to 10.60 cents.

Additionally, the press release said CRCT’s gross revenue crossed the RMB1b mark for the first time in 2015, while portfolio occupancy remained high at 95.1%.

“China’s slower growth is reflective of an economy undergoing transition, but it is expanding from a much larger base now and its growth is still considerably faster than those of most other economies,” Victor Liew, chairman of CRCTML said. China’s retail sales expanded by 10.7% to RMB30.1 trillion in 2015.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia