CapitaLand China Trust - Annual Report 2023

NET PROPERTY INCOME NPI by Property FY 2023 S$'000 FY 2022 S$'000 % Change FY 2023 RMB'000 FY 2022 RMB'000 % Change Retail CapitaMall Xizhimen 39,789 40,017 (0.6) 208,619 193,365 7.9 Rock Square 29,997 30,615 (2.0) 157,289 147,932 6.3 CapitaMall Wangjing 27,957 25,634 9.1 146,590 123,866 18.3 CapitaMall Grand Canyon 9,493 9,036 5.1 49,777 43,666 14.0 CapitaMall Xuefu 22,907 18,148 26.2 120,111 87,690 37.0 CapitaMall Xinnan 7,503 11,139 (32.6) 39,343 53,827 (26.9) CapitaMall Nuohemule 10,927 6,024 81.4 57,292 29,109 96.8 CapitaMall Yuhuating 8,895 8,711 2.1 46,637 42,092 10.8 CapitaMall Aidemengdun 3,231 2,597 24.4 16,937 12,549 35.0 CapitaMall Qibaoi 1,099 4,782 (77.0) 5,763 23,103 (75.1) CapitaMall Shuangjingii 3,624 7,426 (51.2) 18,999 35,884 (47.1) Total Net Property Income For Retail 165,422 164,129 0.8 867,357 793,083 9.4 Business Parks Ascendas Xinsu Portfolio 31,678 33,861 (6.4) 166,097 163,623 1.5 Ascendas Innovation Towers 10,675 10,498 1.7 55,971 50,722 10.3 Ascendas Innovation Hub 4,913 4,982 (1.4) 25,755 24,076 7.0 Singapore-Hangzhou Science & Technology Park (Phase I) 9,830 12,743 (22.9) 51,541 61,579 (16.3) Singapore-Hangzhou Science & Technology Park (Phase II) 12,576 14,981 (16.1) 65,940 72,386 (8.9) Total Net Property Income For Business Park 69,672 77,065 (9.6) 365,304 372,386 (1.9) Logistics Parks Shanghai Fengxian Logistics Park 3,642 3,882 (6.2) 19,103 18,759 1.8 Kunshan Bacheng Logistics Park 2,874 3,106 (7.5) 15,066 15,009 0.4 Wuhan Yangluo Logistics Park 2,968 3,174 (6.5) 15,563 15,334 1.5 Chengdu Shuangliu Logistics Park 2,161 2,860 (24.4) 11,330 13,822 (18.0) Total Net Property Income For Logistics Park 11,645 13,022 (10.6) 61,062 62,924 (3.0) Total Net Property Income 246,739 254,216 (2.9) 1,293,723 1,228,393 5.3 i CapitaMall Qibao has ceased operations since the end of March 2023. ii CapitaMall Shuangjing is classified under held for sale as at 31 December 2023 following the announcement of divestment on 6 December 2023. The completion of divestment was announced on 23 January 2024. FINANCIAL REVIEW 44 CAPITALAND CHINA TRUST

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