Thursday, January 31, 2019

CapitaRetail Trust

4th quarter result is out and achieving an increased
7.7% higher year-on-year for distributable income of $23.7m.
Dpu of 2.42 cents , an increase of 2.1% from a year ago.

DPU of 4.83 cents(6 months) is going ex-dividend on 12 Feb, payment date is on 28 March.

Full year total dpu of 10.22 cents giving a Yield of 6.8% base on current price of 1.50.

Today we had witnessed the impressive running up movement with a beautiful white thrust bar coupled with high volume and closed well at 1.50, looks Bullish!

Tomorrow result will be announced before market commence, if dpu increase and NPI is higher, we may witness another impressive move to bring it higher towards 1.55 then 1.60 level.

Not a call to buy or sell.

Pls dyodd

CRCT is the first China shopping mall Real Estate Investment Trust (REIT) in Singapore, with a portfolio of 11 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 eight of China’s cities. The properties are CapitaMall Xizhimen, CapitaMall Wangjing, CapitaMall Grand Canyon, CapitaMall Shuangjing in Beijing; Rock Square in Guangzhou; CapitaMall Xinnan in Chengdu, Sichuan Province; CapitaMall Qibao in Shanghai; CapitaMall Minzhongleyuan in Wuhan, Hubei Province; CapitaMall Erqi in Zhengzhou, Henan Province; CapitaMall Saihan in Hohhot, Inner Mongolia; and CapitaMall Wuhu in Wuhu, Anhui Province. 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 the Beijing Hualian Group and Carrefour under master leases or long-term leases, which provide CRCT's unitholders with stable and sustainable returns. The anchor tenants are complemented by popular specialty brands such as Adidas, Nanjing Impressions, Nike, Pandora, Sephora, Starbucks, UNIQLO, Xiaomi and ZARA. CRCT is managed by an external manager, CapitaLand Retail China Trust Management Limited, which is an indirect wholly-owned subsidiary of CapitaLand Limited, one of Asia’s largest real estate companies headquartered and listed in Singapore

1 comment:

  1. We offer personal finance for debt consolidation, bad financial credit, unsecured financing, bad credit financing and instant secured financing at cheap rate. Do you have a company or company that needs funding to start business needs, personal finance, and debt consolidation? for more information. We will provide you with funding to meet your needs. For more information contact: for more information