CapitaLand Mall Trust's Funan. (Photo: CapitaLand Mall Trust)CapitaLand Mall Trust's Funan. (Photo: CapitaLand Mall Trust)

In addition to tenants from multinational corporations and start-ups, CapitaLand Mall Trust (CMT) has also secured three Singapore government agencies as tenants at its Funan property.

As such, the REIT has secured pre-leasing commitment for about 210,000 square feet of office spaces at the asset, representing about 98% of Funan’s total office net lettable area (NLA).

Funan, which has just undergone a SGD560 million refurbishment, is owned by CMT but managed by the REIT’s sponsor, CapitaLand.

To read the full article, please login or sign-up for a free 25-day trial here.

By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.