CAPITALAND MALL TRUST Singapore’s First & Largest REIT
Full Year 2018 Financial Results Annexes 23 January 2019 Gross Revenue by Property CMT PORTFOLIO(1)
% of Total Gross Revenue For FY 2018 Tampines Mall 10.1 Junction 8 7.5 IMM Building 10.6 Plaza Singapura 11.3 Bugis Junction 10.5 Lot One Shoppers' Mall 5.5 The Atrium@Orchard 6.2 Clarke Quay 4.8 Bugis+ 4.2 Bedok Mall 7.1 Westgate(2) 3.6 Other assets(3) 7.2 Raffles City Singapore 11.4 Total 100.0
(1) Includes CMT’s 40.0% interest in Raffles City Singapore and excludes Funan which was closed in July 2016 for redevelopment. (2) Includes CMT’s 30.0% and 100.0% interest in Westgate for period 1 January 2018 to 31 October 2018 and 1 November to 31 December 2018 respectively. (3) Includes Bukit Panjang Plaza, JCube and Sembawang Shopping Centre which was sold in June 2018.
2 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Well-Diversified Trade Mix CMT PORTFOLIO(1) % of Gross Rental Income(2) For the month of December 2018 Food & Beverage 31.3 Fashion 12.3 Beauty & Health 11.8 Department Store 6.6 Leisure & Entertainment / Music & Video(3) 4.5 Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 4.4 Services 4.4 Shoes & Bags 3.9 Supermarket 3.8 IT & Telecommunications 3.3 Office 3.3 Home Furnishing 3.0 Jewellery & Watches 2.3 Electrical & Electronics 1.7 Education 1.4 Warehouse 1.3 Others(4) 0.7 Total 100.0 (1) Includes CMT’s 40.0% interest in Raffles City Singapore (excluding hotel lease) and excludes Funan which was closed in July 2016 for redevelopment and Sembawang Shopping Centre which was sold in June 2018. (2) Excludes gross turnover rent. (3) Includes tenants approved as thematic dining, entertainment and a performance centre in Bugis+. (4) Others include Art Gallery and Luxury. 3 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Top 10 Tenants 10 Largest Tenants Contribute About 19.8% of Total Gross Rental Income(1) No Single Tenant Contributes More Than 4.0% of Total Gross Rental Income
% of Gross Rental Tenant Trade Sector Income RC Hotels (Pte.) Ltd Hotel 3.3
Temasek Holdings (Private) Limited Office 2.9 Supermarket / Beauty & Health / Cold Storage Singapore (1983) Pte Ltd 2.4 Services / Warehouse Supermarket / Beauty & Health / Services / NTUC Enterprise 2.2 Food & Beverage
Robinson & Co. (Singapore) Pte Ltd Department Store / Beauty & Health 2.0
BHG (Singapore) Pte. Ltd. Department Store 1.7 Wing Tai Retail Management Pte. Ltd. Fashion / Sporting Goods / Shoes & Bags 1.5
Auric Pacific Group Limited Food & Beverage 1.3
BreadTalk Group Limited Food & Beverage 1.3
Isetan (Singapore) Limited Department Store 1.2 Total 19.8 (1) Based on gross rental income for the month of December 2018 and excludes gross turnover rent.
4 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Trade Mix – Tampines Mall
% of Gross Rental Income(1) For the month of December 2018 Food & Beverage 29.8 Beauty & Health 11.8 Fashion 11.4 Jewellery & Watches 6.9 Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 6.7 IT & Telecommunications 6.3 Supermarket 6.0 Department Store 5.1 Leisure & Entertainment / Music & Video 3.8 Shoes & Bags 3.7 Education 3.4 Electrical & Electronics 2.6 Services 2.1 Home Furnishing 0.4 (1)TotalExcludes gross turnover rent. 100.0 (1) Excludes gross turnover rent.
5 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Trade Mix – Junction 8
% of Gross Rental Income(1) For the month of December 2018 Food & Beverage 34.2 Beauty & Health 16.7 Fashion 8.3 Services 7.0 Department Store 6.5 Supermarket 5.5 Electrical & Electronics 4.5 Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 3.6 Leisure & Entertainment / Music & Video 3.4 Shoes & Bags 3.3 Jewellery & Watches 1.9 IT & Telecommunications 1.8 Office 1.5 Home Furnishing 1.2 Education 0.6 Total 100.0 (1) Excludes gross turnover rent.
6 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Trade Mix – IMM Building
% of Gross Rental Income(1) For the month of December 2018 Food & Beverage 21.5 Warehouse 13.8 Home Furnishing 13.7 Fashion 9.9 Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 7.3 Shoes & Bags 7.2 Supermarket 6.9 Beauty & Health 5.9 Electrical & Electronics 5.0 Services 2.9 Department Store 2.1 Jewellery & Watches 2.0 IT & Telecommunications 1.8 Total 100.0 (1) Excludes gross turnover rent.
7 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Trade Mix – Plaza Singapura
% of Gross Rental Income(1)
For the month of December 2018 Food & Beverage 27.5 Beauty & Health 12.1 Fashion 11.4 Home Furnishing 6.7 Services 6.0 Department Store 5.8 Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 5.5 Leisure & Entertainment / Music & Video 5.5 IT & Telecommunications 5.3 Shoes & Bags 4.7 Supermarket 4.2 Education 2.6 Jewellery & Watches 2.4 Electrical & Electronics 0.3 Total 100.0 (1) Excludes gross turnover rent.
8 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Trade Mix – Bugis Junction
% of Gross Rental Income(1)
For the month of December 2018 Food & Beverage 31.4 Fashion 15.9 Department Store 11.8 Beauty & Health 11.4 Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 7.4 IT & Telecommunications 6.7 Jewellery & Watches 5.3 Shoes & Bags 4.8 Supermarket 3.0 Services 1.9 Electrical & Electronics 0.4 Total 100.0
(1) Excludes gross turnover rent.
9 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Trade Mix – JCube
% of Gross Rental Income(1)
For the month of December 2018 Food & Beverage 44.5 Leisure & Entertainment / Music & Video 14.7 Fashion 12.3 Beauty & Health 10.5 Services 5.2 Supermarket 3.8 IT & Telecommunications 2.1 Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 1.9 Department Store 1.5 Shoes & Bags 1.5 Education 0.9 Home Furnishing 0.8 Electrical & Electronics 0.3 Total 100.0
(1) Excludes gross turnover rent.
10 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Trade Mix – Raffles City Singapore (Retail Only)
% of Gross Rental Income(1)
For the month of December 2018 Food & Beverage 31.1 Fashion 20.4 Department Store 17.0 Beauty & Health 9.6 Shoes & Bags 6.0 Others(2) 5.3 Services 3.2 Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 2.9 Supermarket 2.6 IT & Telecommunications 1.0 Jewellery & Watches 0.6 Electrical & Electronics 0.3 Total 100.0
(1) Excludes gross turnover rent. (2) Others include Art Gallery and Luxury.
11 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Trade Mix – Lot One Shoppers’ Mall
% of Gross Rental Income(1) For the month of December 2018 Food & Beverage 31.7 Beauty & Health 16.7 Fashion 12.3 Services 6.1 Electrical & Electronics 5.0 Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 4.7 Supermarket 4.2 Department Store 4.1 Leisure & Entertainment / Music & Video 4.0 IT & Telecommunications 3.2 Shoes & Bags 2.6 Jewellery & Watches 2.1 Education 1.8 Home Furnishing 1.5 Total 100.0 (1) Excludes gross turnover rent.
12 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Trade Mix – Bukit Panjang Plaza
% of Gross Rental Income(1)
For the month of December 2018 Food & Beverage 40.4 Beauty & Health 14.6 Supermarket 10.8 Services 9.6 Education 4.7 Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 3.7 Fashion 2.8 IT & Telecommunications 2.7 Jewellery & Watches 2.5 Electrical & Electronics 2.5 Department Store 2.1 Shoes & Bags 1.9 Home Furnishing 1.7 Total 100.0 (1) Excludes gross turnover rent.
13 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Trade Mix – The Atrium@Orchard
% of Gross Rental Income(1) For the month of December 2018 Office 48.7 Food & Beverage 17.3 Beauty & Health 13.6 Fashion 7.5 Services 5.8 Shoes & Bags 1.6 Electrical & Electronics 1.3 Department Store 1.2 Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 1.1 IT & Telecommunications 1.1 Home Furnishing 0.5 Jewellery & Watches 0.3 Total 100.0 (1) Excludes gross turnover rent.
14 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Trade Mix – Clarke Quay
% of Gross Rental Income(1)
For the month of December 2018
Food & Beverage 66.3 Leisure & Entertainment / Music & Video 30.3 Office 2.3 Beauty & Health 0.9 Services 0.2 Total 100.0
(1) Excludes gross turnover rent.
15 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Trade Mix - Bugis+
% of Gross Rental Income(1)
For the month of December 2018 Leisure & Entertainment / Music & Video(2) 36.9 Fashion 29.3 Food & Beverage 15.0 Beauty & Health 7.7 Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 5.4 Shoes & Bags 1.9 Services 1.9 IT & Telecommunications 1.0 Jewellery & Watches 0.9 Total 100.0 (1) Excludes gross turnover rent. (2) Includes tenants approved as thematic dining, entertainment and a performance centre.
16 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Trade Mix – Bedok Mall
% of Gross Rental Income(1)
For the month of December 2018 Food & Beverage 36.3 Beauty & Health 17.4 Fashion 14.7 Supermarket 6.4 Services 4.5 IT & Telecommunications 4.3 Shoes & Bags 3.7 Home Furnishing 2.7 Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 2.7 Jewellery & Watches 2.5 Electrical & Electronics 2.4 Department Store 1.6 Leisure & Entertainment / Music & Video 0.4 Education 0.4 Total 100.0 (1) Excludes gross turnover rent.
17 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Trade Mix – Westgate
% of Gross Rental Income(1)
For the month of December 2018 Food & Beverage 35.7 Beauty & Health 16.1 Department Store 11.5 Fashion 7.7 Services 7.6 Home Furnishing 5.4 Education 4.9 IT & Telecommunications 4.1 Shoes & Bags 2.9 Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods 2.8 Jewellery & Watches 0.5 Leisure & Entertainment / Music & Video 0.5 Electrical & Electronics 0.3 Total 100.0 (1) Excludes gross turnover rent.
18 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Lease Expiry Profile – Tampines Mall
40.0
30.2 30.2 (1)
30.0 23.4
20.0
8.2 10.0 5.6
% of total Gross Rental IncomeRental Gross of total % 2.4
0.0 2019 2020 2021 2022 2023 2024 and beyond
(1) As at 31 December 2018. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
19 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Lease Expiry Profile – Junction 8
37.7 40.0
34.4 (1) 30.0
20.7
20.0
10.0
5.7 % of total Gross Rental IncomeRental Gross of total % 1.5 0.0
0.0 2019 2020 2021 2022 2023 2024 and beyond
(1) As at 31 December 2018. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
20 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Lease Expiry Profile – IMM Building
40.0 35.4
31.8 (1) 30.0
22.5
20.0
9.8
10.0 % of total Gross Rental IncomeRental Gross of total %
0.1 0.4
0.0 2019 2020 2021 2022 2023 2024 and beyond
(1) As at 31 December 2018. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
21 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Lease Expiry Profile – Plaza Singapura
40.0 35.8 (1) 30.0 26.9 25.2
20.0
10.7
10.0 % of total Gross Rental IncomeRental Gross of total % 1.1 0.3
0.0 2019 2020 2021 2022 2023 2024 and beyond
(1) As at 31 December 2018. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
22 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Lease Expiry Profile – Bugis Junction
50.0
43.9 (1) 40.0
27.5 30.0 23.2
20.0
% of total Gross Rental IncomeRental Gross of total % 10.0 4.6 0.8 0.0
0.0 2019 2020 2021 2022 2023 2024 and beyond
(1) As at 31 December 2018. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
23 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Lease Expiry Profile – JCube
46.8
50.0 (1) 40.0
28.3 30.0
19.9
20.0
% of total Gross Rental IncomeRental Gross of total % 10.0 5.0
0.0 0.0
0.0 2019 2020 2021 2022 2023 2024 and beyond
(1) As at 31 December 2018. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
24 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Lease Expiry Profile – Raffles City Singapore
40.0
33.0
30.0 (1)
20.0 16.0 14.9 12.8
10.0 7.2 7.0 % % total of Gross Rental Income 5.3 2.8 0.6 0.4 0.0 0.0 0.0 0.0 2019 2020 2021 2022 2023 2024 and beyond Retail Office Hotel
(1) As at 31 December 2018. Based on committed gross rental income and excludes gross turnover rental.
25 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Lease Expiry Profile – Lot One Shoppers’ Mall
40.0 36.3
34.2 (1)
30.0
19.9
20.0
6.9
10.0 % of total Gross Rental IncomeRental Gross of total % 2.7 0.0
0.0 2019 2020 2021 2022 2023 2024 and beyond
(1) As at 31 December 2018. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
26 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Lease Expiry Profile – Bukit Panjang Plaza
50.0
41.5 (1) 40.0
28.3 30.0 24.1
20.0
% of total Gross Rental IncomeRental Gross of total % 10.0 3.7 2.4 0.0
0.0 2019 2020 2021 2022 2023 2024 and beyond
(1) As at 31 December 2018. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
27 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Lease Expiry Profile – The Atrium@Orchard
60.0
51.2 (1) 50.0
40.0
30.0
18.7 20.0 14.7
9.9 % of total Gross Rental IncomeRental Gross of total % 10.0 2.2 3.3
0.0 2019 2020 2021 2022 2023 2024 and beyond
(1) As at 31 December 2018. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
28 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Lease Expiry Profile – Clarke Quay
37.6 40.0
35.0 (1)
30.0 25.5
25.0 20.6
20.0
15.0
10.0 6.8 5.3
4.2 % of total Gross Rental IncomeRental Gross of total % 5.0
0.0 2019 2020 2021 2022 2023 2024 and beyond
(1) As at 31 December 2018. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
29 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Lease Expiry Profile – Bugis+
49.1
50.0 (1) 40.0
30.0
17.7 17.1 20.0 16.1
% of total Gross Rental IncomeRental Gross of total % 10.0
0.0 0.0
0.0 2019 2020 2021 2022 2023 2024 and beyond
(1) As at 31 December 2018. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
30 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Lease Expiry Profile – Bedok Mall
38.1
40.0 (1)
30.0 25.5
20.6
20.0 15.8
10.0 % of total Gross Rental IncomeRental Gross of total %
0.0 0.0
0.0 2019 2020 2021 2022 2023 2024 and beyond
(1) As at 31 December 2018. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
31 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Lease Expiry Profile – Westgate
40.0
33.7 (1)
30.0 24.4 23.7
20.0
10.2
10.0 6.2 % of total Gross Rental IncomeRental Gross of total % 1.8
0.0 2019 2020 2021 2022 2023 2024 and beyond
(1) As at 31 December 2018. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
32 CapitaLand Mall Trust Full Year 2018 Financial Results *January 2019* Thank you
For enquiries, please contact: Ms Lo Mun Wah, Vice President, Investor Relations Direct: (65) 6713 3667 Email: lo.munwah@capitaland.com CapitaLand Mall Trust Management Limited (http://www.cmt.com.sg) 168 Robinson Road, #30-01 Capital Tower, Singapore 068912 Tel: (65) 6713 2888; Fax: (65) 6713 2999