CapitaLand Retail China Trust (CRCT) faced difficult operating conditions in February 2020 amid COVID-19-related shutdowns across China.
But recent figures suggest that shoppers are slowly returning, although occupancy is falling across the REIT’s malls.
The retail-focused REIT has reported a 42.5% fall in tenant sales for its 1Q 2020 when compared to the corresponding period in 2019.
Full access to all editorial materials
Be part of our community discussions
Full access to our courses and webinars