The Manager of CapitaMall Trust (CMT), CapitaMall Trust Management Limited (CMTML), is a wholly-owned subsidiary of CapitaMalls Asia Limited, in which CapitaLand Limited has a majority control of 65.5% stake.
CMTML employs its established Six Value Creation & Growth Strategies, termed the 6'i's, to achieve its Mission of delivering stable distributions and sustainable total returns to Unitholders.
- Integrated Retail Real Estate Platform
CMTML leverages on its strong sponsor CapitaMalls Asia’s unique integrated retail real restate platform which combines the best of retail real estate management cum capital management capabilities. In addition, CMTML has a professional and experienced team of fund and asset managers who work closely and seamlessly with each other to deliver results.
- Intrinsic Organic Growth
CMTML proactively manages its portfolio to maximise the performance of its assets through step-up rent, gross turnover rent, non-rental income and improved rental rates for lease renewals to create a stable growth platform.
- Innovative Asset Enhancements
CMTML executes various asset enhancement initiatives such as decantation, which involves shifting lower yielding spaces to higher yielding spaces, and reconfigurations to enhance the productivity of the retail space at the malls. The minimum return of investment criteria for each project is
approximately
10%.
- Inviting Experiences
CMTML seeks to provide one of the best shopping experiences for shoppers through tenancy remixing, introducing new retail concepts, improving amenities and innovative marketing and promotions. With increased shopper traffic, it would ultimately translate to better sales for tenants.
- Invaluable Investments
CMTML actively pursues yield accretive acquisitions and investments which must satisfy the following investment criteria : (a) Upfront yield accretion, (b) Rental sustainability & (c) Potential for value creation.
- Intensive Capital and Risk Management
CMTML reviews the debt and capital management cum financing policy regularly so as to optimise CMT's funding structure. CMTML also monitors the exposure to various risk elements by closely adhering to clearly established management policies and procedures.
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