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CAPITALAND MALL TRUSTFull Year 2019 Financial Results – Annexes
22 January 2020
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Gross Revenue by PropertyCMT Portfolio(1)
(1) Includes CMT’s 40.0% interest in Raffles City Singapore and Funan, which was closed in July 2016 for redevelopment and reopened in June 2019.(2) Includes Bukit Panjang Plaza and JCube.
% of Total Gross Revenue
For FY 2019
Tampines Mall 9.4
Junction 8 7.0
Funan 3.2
IMM Building 9.9
Plaza Singapura 10.5
Bugis Junction 9.6
Lot One Shoppers' Mall 4.9
The Atrium@Orchard 5.7
Clarke Quay 4.6
Bugis+ 3.8
Bedok Mall 6.6
Westgate 8.5
Other assets(2) 5.7
Raffles City Singapore 10.6
Total 100.0
2
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Well-Diversified Trade MixCMT Portfolio(1)
(1) Includes CMT’s 40.0% interest in Raffles City Singapore (retail only) and Funan, which was closed in July 2016 for redevelopment and reopened in June 2019.(2) Excludes gross turnover rent.(3) Includes tenants approved as thematic dining, entertainment and a performance centre in Bugis+.(4) Others include Art Gallery and Luxury.
% of Gross Rental Income(2)
For the month of
December 2019
Food & Beverage 31.1
Beauty & Health 11.7
Fashion 11.0
Department Store 5.8
Office 5.4
Leisure & Entertainment / Music & Video(3) 4.8
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 4.8
Services 4.2
Supermarket 3.6
Shoes & Bags 3.5
IT & Telecommunications 3.5
Home Furnishing 3.0
Electrical & Electronics 2.2
Jewellery & Watches 2.1
Education 1.4
Warehouse 1.4
Others(4) 0.5
Total 100.0
3
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Top 10 Tenants
(1) Based on gross rental income for the month of December 2019 and excludes gross turnover rent.
10 Largest Tenants Contribute About 22.1% of Total Gross Rental Income(1)
No Single Tenant Contributes More Than 4.0% of Total Gross Rental Income
Tenant Trade Sector % of Gross Rental Income
RC Hotels (Pte.) Ltd Hotel 3.2
NTUC EnterpriseSupermarket / Beauty & Health / Services / Food &
Beverage / Education / Warehouse3.2
Temasek Holdings (Private) Limited Office 2.8
Al-Futtaim GroupDepartment Store / Fashion / Beauty & Health /
Sporting Goods2.7
BreadTalk Group Limited Food & Beverage 2.5
Cold Storage Singapore (1983) Pte LtdSupermarket / Beauty & Health /
Services / Warehouse 2.4
BHG (Singapore) Pte. Ltd. Department Store 1.7
Golden Village Multiplex Pte Ltd Leisure & Entertainment 1.2
Wing Tai Retail Management Pte. Ltd. Fashion / Sporting Goods / Shoes & Bags 1.2
Isetan (Singapore) Limited Department Store 1.2
Total 22.1
4
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – Tampines Mall
(1) Excludes gross turnover rent.
% of Gross Rental Income(1)
For the month of
December 2019
Food & Beverage 29.8
Beauty & Health 12.0
Fashion 11.3
Jewellery & Watches 6.5
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 6.3
IT & Telecommunications 6.1
Supermarket 6.0
Department Store 5.1
Leisure & Entertainment / Music & Video 4.7
Shoes & Bags 3.6
Education 3.4
Electrical & Electronics 2.6
Services 2.2
Home Furnishing 0.4
Total 100.0
5
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – Junction 8
(1) Excludes gross turnover rent.
% of Gross Rental Income(1)
For the month of
December 2019
Food & Beverage 34.9
Beauty & Health 16.0
Fashion 7.7
Services 6.3
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 6.2
Department Store 5.8
Supermarket 5.4
Electrical & Electronics 4.6
Leisure & Entertainment / Music & Video 3.5
Jewellery & Watches 2.6
IT & Telecommunications 1.9
Shoes & Bags 1.8
Office 1.5
Home Furnishing 1.2
Education 0.6
Total 100.0
6
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – Funan
(1) Excludes gross turnover rent.
% of Gross Rental Income(1)
For the month of
December 2019
Office 32.4
Food & Beverage 26.4
IT & Telecommunications 7.2
Electrical & Electronics 7.2
Beauty & Health 6.9
Leisure & Entertainment / Music & Video 4.0
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 3.7
Home Furnishing 3.0
Fashion 2.9
Services 2.6
Shoes & Bags 1.5
Education 0.9
Supermarket 0.9
Jewellery & Watches 0.4
Total 100.0
7
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – IMM Building
(1) Excludes gross turnover rent.
% of Gross Rental Income(1)
For the month of
December 2019
Food & Beverage 20.3
Warehouse 15.2
Home Furnishing 13.4
Fashion 11.0
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 8.2
Shoes & Bags 7.0
Supermarket 6.6
Beauty & Health 5.8
Electrical & Electronics 4.5
Services 2.8
Jewellery & Watches 1.9
IT & Telecommunications 1.8
Department Store 1.5
Total 100.0
8
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – Plaza Singapura
(1) Excludes gross turnover rent.
% of Gross Rental Income(1)
For the month of
December 2019
Food & Beverage 28.4
Beauty & Health 11.8
Fashion 10.2
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 7.1
Home Furnishing 6.8
Department Store 5.8
Services 5.6
Leisure & Entertainment / Music & Video 5.5
IT & Telecommunications 5.3
Shoes & Bags 4.4
Supermarket 4.1
Education 2.6
Jewellery & Watches 2.1
Electrical & Electronics 0.3
Total 100.0
9
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – Bugis Junction
(1) Excludes gross turnover rent.
% of Gross Rental Income(1)
For the month of
December 2019
Food & Beverage 31.5
Fashion 16.1
Department Store 12.0
Beauty & Health 11.2
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 6.7
IT & Telecommunications 6.1
Jewellery & Watches 5.3
Shoes & Bags 5.3
Supermarket 3.0
Services 2.3
Electrical & Electronics 0.5
Total 100.0
10
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – JCube
(1) Excludes gross turnover rent.
% of Gross Rental Income(1)
For the month of
December 2019
Food & Beverage 39.7
Leisure & Entertainment / Music & Video 13.1
Fashion 11.5
Beauty & Health 8.7
Supermarket 8.2
Services 5.6
Education 3.8
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 3.4
IT & Telecommunications 2.3
Department Store 1.5
Shoes & Bags 1.2
Home Furnishing 0.8
Electrical & Electronics 0.2
Total 100.0
11
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – Raffles City Singapore (Retail Only)
(1) Excludes gross turnover rent.(2) Includes Art Gallery and Luxury.
% of Gross Rental Income(1)
For the month of
December 2019
Food & Beverage 32.4
Fashion 19.4
Department Store 17.6
Beauty & Health 10.1
Shoes & Bags 5.7
Others(2)
4.5
Services 3.6
Supermarket 2.7
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 1.5
IT & Telecommunications 1.2
Home Furnishing 0.7
Jewellery & Watches 0.4
Electrical & Electronics 0.2
Total 100.0
12
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – Lot One Shoppers’ Mall
(1) Excludes gross turnover rent.
% of Gross Rental Income(1)
For the month of
December 2019
Food & Beverage 32.4
Beauty & Health 17.9
Fashion 10.6
Services 7.1
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 4.6
Department Store 4.4
Leisure & Entertainment / Music & Video 4.4
Supermarket 4.2
Electrical & Electronics 3.7
IT & Telecommunications 3.1
Shoes & Bags 2.2
Education 2.2
Jewellery & Watches 1.9
Home Furnishing 1.3
Total 100.0
13
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – Bukit Panjang Plaza
(1) Excludes gross turnover rent.
% of Gross Rental Income(1)
For the month of
December 2019
Food & Beverage 40.9
Beauty & Health 14.2
Supermarket 10.8
Services 10.3
Education 4.7
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 3.4
IT & Telecommunications 2.7
Fashion 2.6
Electrical & Electronics 2.5
Jewellery & Watches 2.3
Department Store 2.2
Shoes & Bags 1.9
Home Furnishing 1.5
Total 100.0
14
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – The Atrium@Orchard
(1) Excludes gross turnover rent.
% of Gross Rental Income(1)
For the month of
December 2019
Office 49.4
Food & Beverage 17.1
Beauty & Health 15.6
Fashion 7.3
Services 3.6
Electrical & Electronics 1.9
Department Store 1.3
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 1.1
IT & Telecommunications 1.1
Shoes & Bags 0.6
Home Furnishing 0.5
Jewellery & Watches 0.4
Leisure & Entertainment / Music & Video 0.1
Total 100.0
15
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – Clarke Quay
(1) Excludes gross turnover rent.
% of Gross Rental Income(1)
For the month of
December 2019
Food & Beverage 61.1
Leisure & Entertainment / Music & Video 35.4
Office 2.5
Beauty & Health 0.9
Services 0.1
Total 100.0
16
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – Bugis+
(1) Excludes gross turnover rent.(2) Includes tenants approved as thematic dining, entertainment and a performance centre.
% of Gross Rental Income(1)
For the month of
December 2019
Leisure & Entertainment / Music & Video(2)
35.1
Fashion 24.8
Food & Beverage 16.9
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 10.1
Beauty & Health 7.7
Shoes & Bags 1.9
Services 1.9
Jewellery & Watches 0.9
IT & Telecommunications 0.7
Total 100.0
17
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – Bedok Mall
(1) Excludes gross turnover rent.
% of Gross Rental Income(1)
For the month of
December 2019
Food & Beverage 36.4
Beauty & Health 17.2
Fashion 13.8
Supermarket 6.5
Services 5.3
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 4.2
IT & Telecommunications 4.1
Shoes & Bags 2.8
Jewellery & Watches 2.8
Electrical & Electronics 2.6
Home Furnishing 2.2
Education 0.8
Department Store 0.7
Leisure & Entertainment / Music & Video 0.6
Total 100.0
18
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Trade Mix – Westgate
(1) Excludes gross turnover rent.
% of Gross Rental Income(1)
For the month of
December 2019
Food & Beverage 36.5
Beauty & Health 17.6
Department Store 9.1
Services 7.6
Fashion 7.2
Home Furnishing 5.3
Education 5.0
IT & Telecommunications 3.9
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 3.3
Shoes & Bags 2.6
Electrical & Electronics 0.9
Leisure & Entertainment / Music & Video 0.6
Jewellery & Watches 0.4
Total 100.0
19
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – Tampines Mall
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
0.0
10.0
20.0
30.0
40.0
2020 2021 2022 2023 2024 2025 and
beyond
23.7
30.1 29.0
11.0
0.6
5.6
% o
f to
tal G
ross
Re
nta
l In
co
me
(1)
20
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – Junction 8
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
0.0
10.0
20.0
30.0
40.0
2020 2021 2022 2023 2024 2025 and
beyond
16.9
34.7
37.2
6.2
0.0
5.0
% o
f to
tal G
ross
Re
nta
l In
co
me
(1)
21
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – Funan
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
0.0
10.0
20.0
30.0
40.0
50.0
2020 2021 2022 2023 2024 2025 and beyond
2.4
5.2
47.2
5.0
30.6
9.6
% o
f to
tal G
ross
Re
nta
l In
co
me
(1)
22
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – IMM Building
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
0.0
10.0
20.0
30.0
40.0
2020 2021 2022 2023 2024 2025 and
beyond
24.0
31.5
34.1
8.4
1.5 0.5
% o
f to
tal G
ross
Re
nta
l In
co
me
(1)
23
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – Plaza Singapura
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
0.0
10.0
20.0
30.0
40.0
2020 2021 2022 2023 2024 2025 and
beyond
30.3
26.0
29.9
4.5
6.9
2.4 % o
f to
tal G
ross
Re
nta
l In
co
me
(1)
24
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – Bugis Junction
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
0.0
10.0
20.0
30.0
2020 2021 2022 2023 2024 2025 and
beyond
20.8
22.3
29.1
10.6
15.5
1.7
% o
f to
tal G
ross
Re
nta
l In
co
me
(1)
25
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – JCube
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
0.0
10.0
20.0
30.0
2020 2021 2022 2023 2024 2025 and
beyond
29.2 29.2
25.1
2.1
14.4
0.0
% o
f to
tal G
ross
Re
nta
l In
co
me
(1)
26
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – Raffles City Singapore
(1) As at 31 December 2019. Based on committed gross rental income and excludes gross turnover rental.
0.0
10.0
20.0
30.0
40.0
2020 2021 2022 2023 2024 2025 and
beyond
7.7
15.9
12.8
9.4
1.80.5
5.2
7.7
3.7
1.70.5 0.0
33.1
% o
f to
tal G
ross
Re
nta
l In
co
me
(1)
Retail Office Hotel
27
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – Lot One Shoppers’ Mall
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
0.0
10.0
20.0
30.0
40.0
2020 2021 2022 2023 2024 2025 and beyond
28.8
34.2
21.5
9.7
0.2
5.6 % o
f to
tal G
ross
Re
nta
l In
co
me
(1)
28
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – Bukit Panjang Plaza
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
0.0
10.0
20.0
30.0
40.0
50.0
2020 2021 2022 2023 2024 2025 and
beyond
23.4
43.1
24.6
4.1
1.1
3.7
% o
f to
tal G
ross
Re
nta
l In
co
me
(1)
29
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – The Atrium@Orchard
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
0.0
10.0
20.0
30.0
40.0
50.0
60.0
2020 2021 2022 2023 2024 2025 and
beyond
14.8
20.4
59.6
4.1
0.0 1.1
% o
f to
tal G
ross
Re
nta
l In
co
me
(1)
30
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – Clarke Quay
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
0.0
5.0
10.0
15.0
20.0
25.0
30.0
35.0
40.0
2020 2021 2022 2023 2024 2025 and
beyond
14.0
37.6
21.0
18.7
3.4
5.3
% o
f to
tal G
ross
Re
nta
l In
co
me
(1)
31
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – Bugis+
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
0.0
10.0
20.0
30.0
40.0
50.0
2020 2021 2022 2023 2024 2025 and
beyond
14.1
47.9
33.9
4.1
0.0 0.0
% o
f to
tal G
ross
Re
nta
l In
co
me
(1)
32
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – Bedok Mall
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
0.0
10.0
20.0
30.0
40.0
2020 2021 2022 2023 2024 2025 and
beyond
25.9 24.5
36.8
12.1
0.7 0.0
% o
f to
tal G
ross
Re
nta
l In
co
me
(1)
33
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*
Lease Expiry Profile – Westgate
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
0.0
10.0
20.0
30.0
2020 2021 2022 2023 2024 2025 and
beyond
28.8
25.9
18.7
20.1
6.1
0.4
% o
f to
tal G
ross
Re
nta
l In
co
me
(1)
34
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