CapitaLand Mall Trust achieves 92% commitment for Funan’s retail component

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Singapore-listed retail REIT, CapitaLand Mall Trust (CMT), has secured lease commitments for 92% of retail spaces at its recently developed property, Funan.

The property recently underwent a SGD560 million refurbishment by the REIT, and is due to open its doors on 28 June.

Funan is owned by CMT but managed by the REIT’s sponsor, CapitaLand.

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