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

Suburban-heavy REITs may currently be benefiting from shopper traffic recovery, but returning office crowds in the central areas will provide an additional boost for CapitaLand Mall Trust (CMT).

CMT is a retail-focused REIT with properties across Singapore, both in the suburban, and central areas.

Among the REIT's properties in the central areas, which has been seeing a dearth in shopper traffic due to the COVID-19 lockdowns, include Raffles City and Bugis Junction.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.