CapitaMall Trust

CapitaMall Trust (CMT ) is the first Real Estate Investment Trust (REIT ) listed on Singapore Exchange Securities Trading Limited (SGX -ST ) in July 2002. CMT is also the largest REIT by market capitalisation and asset size in Singapore, with a market capitalisation and asset size of approximately S$6.0 billion and S$9.7 billion respectively as at 31 March 2012.

CMT owns and invests in quality income-producing assets which are used, or predominantly used, for retail purposes primarily in Singapore. As at 31 March 2012, CMT’s portfolio comprised a diverse list of close to 2,500 leases with local and international retailers and achieved an average committed occupancy of 96.4%. CMT’s portfolio comprises 16 quality retail properties which are strategically located in the suburban areas and downtown core of Singapore - Tampines Mall, Junction 8, Funan DigitaLife Mall, IMM Building, Plaza Singapura, Bugis Junction, Sembawang Shopping Centre, JCube, Hougang Plaza, Raffles City Singapore (40.0% interest), Lot One Shoppers’ Mall, Bukit Panjang Plaza (90 out of 91 strata lots), Rivervale Mall, The Atrium@Orchard, Clarke Quay and Bugis+ (formerly known as Iluma).

In May 2011, CMT took a 30.0% stake in a joint venture to develop a prime land parcel at Jurong Gateway, marking its first foray into greenfield developments.

CMT also owns approximately 17.8% stake in CapitaRetail China Trust, the first China shopping mall REIT listed on the SGX-ST in December 2006, sponsored by CapitaMalls Asia Limited, one of Asia’s largest listed shopping mall owners, developers and managers.

CMT has been assigned an ‘A2’ rating by Moody’s Investors Service. The ‘A2’ rating is the highest rating assigned to a Singapore REIT. CMT is the only REIT constituent of the Straits Times (ST) Index and is also a constituent of various key global indices which include the FTSE4Good Global Index, FTSE/ASEAN Index, FTSE European Public Real Estate Association (EPRA)/National Association of Real Estate Investment Trusts (NAREIT) Global Real Estate Index, FTSE ST Index and its subindices, Global Property Research (GPR) General Index and its sub-indices, GPR 250 Index and its sub-indices, GPR 250 REIT Index and its sub-indices, Morgan Stanley Capital International (MSCI) Singapore Standard, MSCI World Standard Index, Standard and Poors (S&P) BMI Global Index, S&P Global Property and S&P Global REIT Index.

CMT is managed by an external manager, CapitaMall Trust Management Limited, which is a wholly-owned subsidiary of CapitaMalls Asia Limited.

CapitaMall Trust

CapitaCommercial Trust

CapitaCommercial Trust (CCT) is Singapore's first listed commercial REIT. It is managed by CapitaCommercial Trust Management Limited, which is an indirect wholly-owned subsidiary of CapitaLand Limited.

CCT aims to own and invest in real estate and real estate-related assets which are income producing and used, or predominantly used, for commercial purposes. The total asset size of CCT is S$7.0 billion as at 31 December 2012. Its current portfolio comprised nine prime properties in Singapore, and a 40% interest in the redevelopment of Market Street Car Park into a Grade A office tower known as CapitaGreen. The properties in Singapore are Capital Tower, Six Battery Road, One George Street, HSBC Building, Raffles City (60% interest through RCS Trust), Twenty Anson, Wilkie Edge, Bugis Village, Golden Shoe Car Park, and CapitaGreen (to be completed in 4Q 2014).

In addition, CCT is a substantial unitholder of Quill Capita Trust (QCT) with 30% unitholdings and has a 7.4% stake in the Malaysia Commercial Development Fund Pte. Ltd. (MCDF). QCT is CapitaLand’s first REIT listed outside Singapore on the Main Board of Bursa Malaysia. QCT has a portfolio of 10 commercial properties in Kuala Lumpur and Cyberjaya, Malaysia. MCDF is CapitaLand’s first and largest Malaysia private real estate fund with a focus on real estate development properties primarily in Kuala Lumpur and the Klang Valley, Malaysia. MCDF is approaching the end of its stipulated term, and has divested all its real estate projects and returned most of its capital in 2012. MCDF will commence liquidation after the expiration of its fund term in September 2013 and after having cleared all tax matters with the Inland Revenue Authority of Singapore.

CapitaCommercial Trust

Ascott Residence Trust

Ascott Reit was established with the objective of investing primarily in real estate and real estate-related assets which are income-producing and which are used or predominantly used, as serviced residences, rental housing properties and other hospitality assets.

Ascott Reit’s asset size has more than tripled to about S$2.9 billion since it was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in March 2006. When the acquisition of the new Cairnhill serviced residence in Singapore is completed, Ascott Reit’s international portfolio will expand to S$3.4 billion comprising 68 properties with 7,427 units in 25 cities across 12 countries in Asia Pacific and Europe. Ascott Reit’s serviced residences are operated under the Ascott, Citadines and Somerset brands, and are mainly located in key gateway cities such as Beijing, Shanghai, Guangzhou, Singapore, Tokyo, London, Paris, Berlin, Brussels, Barcelona, Munich, Hamburg, Hanoi, Ho Chi Minh City, Jakarta, Manila and Perth.

Ascott Reit is managed by Ascott Residence Trust Management Limited, a wholly-owned subsidiary of The Ascott Limited and an indirect wholly-owned subsidiary of CapitaLand Limited, one of Asia’s largest real estate companies. ARTML is the winner of World Finance Magazine’s "Best Real Estate Investment Fund Manager 2011" in South Eastern Asia in their inaugural Real Estate Awards.

Ascott Residence Trust

CapitaRetail China Trust

CapitaRetail China Trust (CRCT) is the first and only China shopping mall Real Estate Investment Trust (REIT) in Singapore, with a portfolio of nine income-producing shopping malls. Listed on the Singapore Exchange Securities Trading Limited on 8 December 2006, it is established with the objective of investing on a long-term basis in a diversified portfolio of income-producing real estate used primarily for retail purposes and located primarily in China, Hong Kong and Macau.

The geographically diversified portfolio of quality shopping malls is located in six of China’s cities. The properties are CapitaMall Xizhimen, CapitaMall Wangjing, CapitaMall Shuangjing and CapitaMall Anzhen in Beijing; CapitaMall Qibao in Shanghai; CapitaMall Erqi in Zhengzhou, Henan Province; CapitaMall Saihan in Huhhot, Inner Mongolia; CapitaMall Wuhu in Wuhu, Anhui Province; and CapitaMall Minzhongleyuan in Wuhan, Hubei Province. As at 31 March 2012, the total asset size of CRCT is approximately S$1.5 billion.

All the malls in the portfolio are positioned as one-stop family-oriented shopping, dining and entertainment destinations for the sizeable population catchment areas in which they are located, and are accessible via major transportation routes or access points. A significant portion of the properties’ tenancies consists of major international and domestic retailers such as Wal-Mart, Carrefour and Beijing Hualian Group under master leases or long-term leases, which provide unitholders with stable and sustainable returns. The anchor tenants are complemented by popular specialty brands such as Vero Moda, ZARA, Sephora, Uniqlo, Watsons, KFC, Pizza Hut and BreadTalk.

CRCT is managed by an external manager, CRCTML, which is an indirect wholly-owned subsidiary of CapitaMalls Asia Limited, one of Asia’s largest listed shopping mall developers, owners and managers.

CapitaRetail China Trust

CapitaMalls Malaysia Trust

CapitaMalls Malaysia Trust (CMMT), listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010, is the country’s largest “pure-play” shopping mall Real Estate Investment Trust (REIT) by market capitalisation and property value. CMMT has a market capitalisation of over RM2.4 billion, and its portfolio is independently valued at about RM2.8 billion.

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 portfolio comprises four shopping malls which are strategically located in key urban centres across Malaysia. The four malls are Gurney Plaza in Penang, a majority interest in Sungei Wang Plaza in Kuala Lumpur, The Mines in Selangor and East Coast Mall in Kuantan, Pahang. The portfolio has a total net lettable area of over 2.4 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).

CapitaMalls Malaysia Trust

Quill Capita Trust

Quill Capita Trust (QCT), CapitaLand’s first overseas REIT, was listed on the main board of Bursa Malaysia Securities Berhad ("Bursa Securities") on 8 January 2007. The main thrust of QCT’s activities includes acquiring and investing in commercial properties in Malaysia to provide unitholders with long-term and sustainable distribution of income as well as capital growth potential.

QCT currently owns ten properties of which five are located in Cyberjaya, two are located in Kuala Lumpur, two are each located in Shah Alam and Petaling Jaya and the remaining one is in Penang. The five properties in Cyberjaya are Quill Building 1 – DHL 1, Quill Building 2 – HSBC, Quill Building 3 – BMW, Quill Building 4 – DHL 2 and Quill Building 5 - IBM, while Wisma Technip and part of Plaza Mont' Kiara are located in Kuala Lumpur. Its two other properties, namely Quill Building 8 - DHL (XPJ) and Quill Building 10 - HSBC (Section 13) are located in Shah Alam and Petaling Jaya respectively. Tesco building is located in Jelutong, Penang.

QCT is managed by Quill Capita Management Sdn Bhd, which is owned by CapitaLand RECM Pte Ltd (40%), a wholly-owned subsidiary of CapitaLand Financial Limited, Quill Resources Holding Sdn Bhd (30%), a company within the Quill Group of Companies, and Coast Capital Sdn Bhd (30%).

Quill Capita Trust