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

CapitaLand Mall Trust’s (CMT’s) net property income (NPI) for FY2020 is expected to dampen by as much as 20%, given COVID-19-related operating difficulties.

On 29 September, CMT, and its office-focused sister REIT, CapitaLand Commercial Trust (CCT), received the nod from unitholders to merge and form the CapitaLand Integrated Commercial Trust (CICT).

Related: Unitholders approve formation of CapitaLand Integrated Commercial Trust


Dear subscribers, please login to continue reading this article.

Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here. Why subscribe?

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.