The
Manager of CapitaMall Trust (CMT), CapitaMall Trust
Management Limited (CMTML), is an indirect wholly-owned
subsidiary of CapitaLand Limited (CapitaLand),
one of the largest listed real estate companies
in Asia.
CMTML employs its established Six Value Creation & Growth
Strategies, termed the 6”i”s, to achieve
its Mission of delivering stable distributions and
sustainable total returns to unitholders.
Six Value
Creation & Growth Strategies : The
6 “i”s
- Integrated Retail Real Estate Platform
CMTML leverages on its strong sponsor CapitaLand’s
unique integrated retail real restate platform
which combines the best of retail real estate
management cum capital management capabilities.
In addition,
CMTML has a professional and experienced team
of fund and asset managers who work closely
and seamlessly
with each other to deliver results.
- Intrinsic Organic Growth
CMTML proactively manages its portfolio to
maximise the performance of its assets through
step-up rental,
gross turnover rent, non-rental income and
lease renewals to create a stable growth platform.
- Innovative Asset Enhancements
CMTML executes various asset enhancement initiatives
such as decantation, which involves shifting
lower yielding spaces to higher yielding spaces,
and
reconfigurations to enhance the productivity
of the retail space at the malls. The minimum
return
of investment criteria for each project is
10%.
- Invaluable Investments
CMTML actively pursues yield accretive acquisitions
and investments which must satisfy the following
investment criteria : (a) Upfront yield accretion,
(b) Rental sustainability & (c) Potential
for value creation.
- Inviting Experiences
CMTML seeks to provide one of the best shopping
experiences for shoppers through tenancy remixing,
introducing new retail concepts, improving
amenities and innovative marketing and promotions.
With increased
shoppers’ traffic, it would ultimately
translate to better sales for tenants.
- Intensive Capital and Risk Management
CMTML reviews it debt and capital management
cum financing policy regularly so as to optimise
its
funding structure. CMTML also monitors its
exposure to various risk elements through key
processes
put in place and through closely adhering to
policies and guidelines which are set out in
its overall
business strategies and general risk management
philosophy.
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