HIGH-QUALITY TENANT BASE ACROSS DIVERSIFIED TRADE SECTORS CLCT’s portfolio has a well-diversified tenant base of 3,044 leases spanning across more than 24 different trade sectors. In FY 2023, the F&B, Fashion and Electronics sectors maintained their position as the top three trade sectors in the portfolio, accounting for 44.6% by Gross Rental Income (GRI). Throughout the year, we remained proactive in our leasing strategy, introducing new brands and curating retail experiences that resonate with evolving consumers’ preferences. In terms of our tenant mix, we continue to prioritise essential and lifestyle sectors for retail properties that provide steady consumer spending, as well as growth sectors for the business park and logistics park properties that are in tandem to China’s development in technology and innovation to further improve our portfolio resilience. As at 31 December 2023, 47.3%7 of CLCT’s retail tenants fall within the essential trade sectors by GRI while 65.3%7 of its business park tenants and 92.4%7 of its logistics park tenants are from growth trade sectors by GRI. 7 Any variance is due to rounding. BREAKDOWN OF CLCT PORTFOLIO BY TRADE SECTOR (As at 31 December 2023) BY GRI (%) Retail 69.7% Food & Beverage 25.7% Fashion 12.9% Services 4.5% Beauty & Healthcare 4.3% Leisure & Entertainment 3.3% Jewellery/Watches/Pens 2.9% Supermarket 2.8% Sporting Goods & Apparel 2.4% Education 2.3% Information & Technology 2.2% Shoes & Bags 1.7% Houseware & Furnishings 0.7% Other Retail and Product Trades 4.0% Business Parks 26.6% Electronics 6.0% Engineering 3.7% Professional Services 3.2% Information & Communication Technology 2.6% Biomedical Sciences 2.3% E-Commerce 1.2% Financial Services 1.2% Logistics & Supply Chain 0.4% Other Business Park Trades 6.0% Logistic Parks 3.7% Logistics & Warehouse 2.5% E-Commerce 0.7% Distributors & Trading Company 0.2% Pharmaceuticals 0.2% Other Logistics Park Trades 0.1% Essential trade sectors Growth trade sectors Growth trade sectors ANNUAL REPORT 2023 55 Financials Framework Portfolio Performance Leadership Overview
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