CapitaLand Retail China Trust (CRCT) has witnessed the largest volume in net institutional outflows among Singapore-listed REITs for the period spanning 10 June to 28 August.
The exodus has been recorded amid a protracted slump in retail activity across the country.
CRCT is a China-focused retail REIT with a portfolio of 14 properties across the country, and a 51% stake in the five-storey retail mall, Rock Square.
The REIT is currently trading at a discount of approximately 30% according to data compiled on the Singapore REITs table.
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