Report
Michael Wu
EUR 101.80 For Business Accounts Only

CapitaLand Mall Trust Divests Serviced Residence Component of the Funan Project

From the strategy behind the divestment to the Ascott partnership, CapitaLand Mall Trust, or CMT’s, divestment of the serviced residence component of the Funan project contain no real surprises. The intention of a partnership and a divestment was there at the beginning of the project as the various components in the Funan project was originally structured into separate trusts. With parent CapitaLand’s partial ownership of CMT, the partnership with its service residence unit Ascott was also a nat...
Underlying
CapitaLand Integrated Commercial Trust

CapitaLand Mall Trust is a real estate investment trust. Co. owns and invests in assets, which are used, or predominantly used, for retail purposes primarily in Singapore. Co.'s portfolio is comprised of 16 shopping centers, which include Tampines Mall, Junction 8, Funan DigitaLife Mall, IMM Building, Plaza Singapura, Bugis Junction, Sembawang Shopping Centre, JCube, Hougang Plaza, Lot One Shoppers' Mall, Bukit Panjang Plaza, Rivervale Mall, The Atrium@Orchard, Clarke Quay, Iluma, and Raffles City Singapore. All of Co.'s shopping centers are located in Singapore.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Michael Wu

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