CapitaRetail China Trust (CRCT) is a Singapore-based Real Estate Investment Trust (REIT) established with the objective of investing on a long-term basis in a diversified portfolio of income-producing real estate used primarily for retail purposes and located primarily in China, Hong Kong and Macau.
CRCT was first listed on Singapore Exchange Securities Trading Limited on 8 Dec 2006.
CRCT's initial portfolio of seven retail mall properties are strategically located within large population catchment areas in various cities of China. The geographically diversified portfolio was valued at approximately S$690 million (1) as at 30 September 2006. The Properties are anchored by major international and domestic retailers, such as Wal-Mart, Carrefour, and Beijing Hualian Group. Other tenants include Sport 100 and B&Q, and are positioned as one-stop family-oriented shopping, dining and entertainment destinations in their localities.
CRCT is managed by an external manager, CapitaRetail China Trust Management Ltd, which is an indirect wholly-owned subsidiary of CapitaLand Limited (CapitaLand), one of the largest listed real estate companies in Asia.
http://www.capitaretailchina.com/ir.html
Stock Code: AU8U.SG
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