CapitaLand Retail China Trust's Rock Square. (Photo: CapitaLand Retail China Trust)

Prudential plc’s deemed stake Singapore-listed REIT, CapitaLand Retail China Trust (CRCT), has been reduced.

The London-headquartered insurance and investment company’s stake was reduced after a subsidiary disposed off 1,216,000 units of the REIT on 30 April.

CRCT is a China-focused retail REIT with a portfolio of 11 properties across the country.

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By Shariffa Al-Habshee

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