Retail Occupancy As at 31 December 2024, the retail portfolio registered a committed occupancy rate of 98.2%, exceeding China’s average retail occupancy rate of 92.3%5. CLCT achieved more than 99% occupancy for CapitaMall Xizhimen, Rock Square, CapitaMall Xuefu and CapitaMall Nuohemule. Committed Occupancy Rates As at 31 December 2024 % As at 31 December 2023 % CapitaMall Xizhimen 100.0 99.5 Rock Square 99.2 98.9 CapitaMall Wangjing 97.6 96.2 CapitaMall Grand Canyon 98.6 97.2 CapitaMall Xuefu 99.7 99.8 CapitaMall Xinnan 92.0 95.5 CapitaMall Nuohemule 99.8 99.9 CapitaMall Yuhuating 97.2 98.8 CapitaMall Aidemengdun 97.0 95.9 CLCT Retail Portfolio 98.2 98.2 Retail Tenant Sales and Shopper Traffici For FY 2024, total tenant sales and shopper traffic increased 2.0% and 8.7% YoY respectively, boosted by retail malls that underwent asset enhancement initiatives (AEIs) in 2023. Sales improvement was led by higher sales in trade sectors such as F&B, Services and Information & Technology. On a per sq m basis, total tenants sales increased 2.0% YoY in FY 2024. In FY 2025, we remain committed to enhancing our retail offerings by aligning with leading retail trends and optimising occupancy through curated trade concepts to meet the evolving needs of our consumers. TENANT SALES (RMB Million) SHOPPER TRAFFIC (Million) 7,093.9i 119.1 2023 2023 2024 2024 7,235.1 129.4 i Normalised operations have been assumed for Carrefour in CapitaMall Grand Canyon for 2023. 5 Colliers China Independent Market Research for CLCT’s Annual Report 2024 31 Annual Report 2024
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