Property Portfolio Since its IPO in 2006, CLCT’s portfolio has grown from seven shopping malls to a diversified portfolio of 18 properties across 12 tier 1 and leading cities in China, including nine retail malls, five business parks, and four logistics parks.1 Indicates number of properties within the same asset class in each city CapitaMall Nuohemule Hohhot 1 CapitaMall Xinnan Chengdu 1 CapitaMall Yuhuating Changsha 1 Rock Square Guangzhou 1 CapitaMall Xizhimen CapitaMall Wangjing CapitaMall Grand Canyon Beijing 3 CapitaMall Xuefu CapitaMall Aidemengdun Harbin 2 Retail Ascendas Xinsu Portfolio Suzhou 1 Ascendas Innovation Towers Ascendas Innovation Hub Xi'an 2 Singapore-Hangzhou Science & Technology Park Phase I Singapore-Hangzhou Science & Technology Park Phase II Hangzhou 2 Business Park Kunshan Bacheng Logistics Park Kunshan 1 Wuhan Yangluo Logistics Park Wuhan 1 Shanghai Fengxian Logistics Park Shanghai 1 Chengdu Shuangliu Logistics Park Chengdu 1 Logistics Park Nine Retail Malls CLCT’s nine retail properties are strategically located in densely populated areas with good connectivity to transportation amenities, which provide stable recurring shopper footfall. The malls are positioned as onestop family-oriented destinations that offer essential services and house a wide range of lifestyle offerings that cater to varied consumer preferences in shopping, dining and entertainment. Five Business Parks CLCT has a portfolio of five business parks that is situated in high-growth economic zones, with quality and reputable domestic and multinational corporations operating in new economy sectors. The business parks and industrial properties exhibit excellent connectivity to transportation hubs, and are easily accessible via various modes of transport. Four Logistics Parks The portfolio of four logistics parks is located in key logistics hubs near transportation nodes such as seaports, airports and railways to serve the growing domestic logistic needs of China’s Eastern, Central and Southwest regions. Fitted to meet a wide range of e-commerce and logistics requirements, the properties are anchored by strong domestic tenants, including China’s leading technology-driven supply chain solutions and logistics service providers. 1 Unless otherwise disclosed, please note that the disclosures in this Annual Report on CLCT’s portfolio exclude CapitaMall Qibao and CapitaMall Shuangjing. CapitaMall Qibao was held under a master lease by CapitaRetail Dragon Mall (Shanghai) Co., Ltd, a subsidiary of CapitaRetail China Investments (B) Alpha Pte. Ltd.. The master lease which expired on 7 January 2024, was entered with Shanghai Jin Qiu (Group) Co., Ltd, the legal owner of CapitaMall Qibao. CLCT did not exercise the option to renew the master lease which expired on 31 January 2021 and has ceased operations since the end of March 2023. CLCT has on 6 Dec 2023 announced the divestment of CapitaRetail Beijing Shuangjing Real Estate Co., Ltd., which holds CapitaMall Shuangjing at the agreed property price of RMB842.0 million. Consequently, CLCT has recognised a fair value uplift for CapitaMall Shuangjing to RMB842.0 million. The completion of CapitaMall Shuangjing’s divestment was announced on 23 January 2024. CapitaMall Shuangjing is a shopping mall in Beijing. Prior to the completion of the divestment, CLCT had a 100% interest in CapitaMall Shuangjing. 2 CapitaLand China Trust
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