Post by CapitaLand
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๐๐๐ฉ๐ข๐ญ๐๐๐๐ง๐ ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐-๐๐๐๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐๐ ๐ฌ๐ญ๐ซ๐จ๐ง๐ ๐๐ ๐๐๐๐ ๐ซ๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ, ๐จ๐ฎ๐ญ๐ฉ๐๐ซ๐๐จ๐ซ๐ฆ๐ข๐ง๐ ๐๐๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ๐ฌ For 1Q 2026, CapitaLand Commercial C-REIT (#CLCR) posted a revenue of RMB61.89 million and an annualised distribution yield of 4.76%, ahead of its 4.53% IPO forecast. Distributable income reached RMB26.86 million, with a high portfolio occupancy of 98.04%. Active asset management drove the performance: โข CapitaMall Yuhuating signed 12 new brands while CapitaMall SKY+ introduced 19, refreshing the tenancy mix across retail and F&B. โข Festive activations and targeted campaigns lifted shopper traffic and tenant sales, with CapitaMall Yuhuatingโs sales up double-digit year-on-year. โข At CapitaMall SKY+, the asset enhancement at the B2 supermarket and adjacent zone is on track, with full reopening in 3Q 2026, positioning the mall for stronger operating performance in 2H 2026. CLCRโs results reflect CapitaLand Investmentโs (#CLI) commercial management capabilities in China. Backed by CLI, Asia Pacificโs largest REIT manager by market capitalisation, CLCR continues to enhance asset quality and deliver stable long-term returns to unitholders. #REITs #China #Earnings #Portfolio