CapitaMall Wangjing SISYPHE Bookstore (Photo: CapitaLand)

China-focused retail REIT, CapitaLand Retail China Trust (CRCT) saw another SGD5.5 million (USD4 million) in net institutional fund outflows for the trading week that began on 14 September.

CRCT is currently trading at a relatively hefty 30% discount to its book value, according to data compiled on the Singapore REITs table.

The REIT currently has a portfolio of 14 retail properties across China.

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.