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REITs

CapitaMalls Malaysia Trust

CapitaMalls Malaysia Trust (CMMT) is the largest “pure-play” shopping mall real estate investment trust (REIT) on the Main Market of Bursa Malaysia Securities Berhad by market capitalisation and property value. CMMT has a market capitalisation of more than RM1.3 billion. Its portfolio has been valued at RM2.13 billion in a valuation conducted by its Trustee, AmTrustee Berhad.

CMMT is established with the objective of investing in a portfolio of income-producing real estate primarily used for retail purposes and located primarily in Malaysia. Its initial portfolio comprises three shopping malls which are strategically located in three sites across Malaysia. The three assets are Gurney Plaza in Penang, an interest in Sungei Wang Plaza in Kuala Lumpur, and The Mines in Selangor. The portfolio has a total net lettable area of approximately 1.88 million square feet.

CMMT is managed by CapitaMalls Malaysia REIT Management Sdn. Bhd. – a joint venture between CapitaMalls Asia, one of Asia’s largest listed shopping mall developers, owners and managers, and Malaysian Industrial Development Finance Berhad (MIDF).

Website:

CapitaMalls Malaysia Trust