CapitaLand’s REITs clinch top three Best Annual Report awards at the Singapore Corporate Awards 2014
CapitaCommercial Trust also scores gold with Best Investor Relations award
Singapore, 15 July 2014– CapitaLand Group clinched the top three Best Annual Report awards in the REITs & Business Trusts category at the Singapore Corporate Awards 2014.
CapitaLand’s real estate investment trusts (REITs) - CapitaCommercial Trust (CCT), Ascott Residence Trust and CapitaRetail China Trust - were accorded the gold, silver and bronze awards, respectively. Aside from the Best Annual Report award, CCT also scored gold with the Best Investor Relations award.
As one of Asia’s largest real estate companies and the pioneer of the REIT product in Singapore, CapitaLand’s REITs have a recognised track record of adding value through portfolio reconstitution, acquisition, development, asset enhancements, proactive leasing and capital management.
Mr Arthur Lang, Group CFO, CapitaLand Limited, said: “We are delighted with our clean sweep of the top three Best Annual Report awards in the REITs & Business Trusts category, and my heartiest congratulations to each and everyone involved. I would like to dedicate this win to the team. The REIT platform is an integral part of CapitaLand's growth strategy and hence very important to us.”
He added: “For the 2013 annual reports, we wanted a consistent look and feel to reflect a simpler “One CapitaLand” and our unwavering sponsorship of our REITs.”
Ms Lynette Leong, CEO, CapitaCommercial Trust Management Limited, the manager of CCT, said, “We are honoured to be conferred two gold awards at this year’s Singapore Corporate Awards and are truly encouraged by the recognition. As the first and largest listed commercial REIT on the Singapore Exchange by market capitalisation, CapitaCommercial Trust is committed to engaging our retail and institutional unitholders effectively through various communication channels with emphasis on timely, unbiased and transparent communications. We continually make efforts to raise the bar in the quality of content and disclosures so that they are relevant and useful to the investing community and our stakeholders, and to present information in a clear, comprehensive and refreshing manner. These two awards are timely as we are also celebrating the 10th anniversary of CCT’s listing this year, making it ‘a triple joy’ for my team and me.”
The Singapore Corporate Awards recognises and honours Singapore-listed companies and individuals who helped to raise corporate disclosure standards and corporate governance. The Awards are co-organised by the Institute of Singapore Chartered Accountants, Singapore Institute of Directors and The Business Times, and supported by the Accounting and Corporate Regulatory Authority and the Singapore Exchange.