CapitaLand Integrated Commercial Trust · SGX:C38U
CapitaLand Integrated Commercial Trust — CapitaLand Mall Trust — FY2015 Earnings Presentation
37 slides from CapitaLand Integrated Commercial Trust's earnings presentation, Jan 22, 2016
Slide 1: CapitaLand Mall Trust Full Year 2015 Financial Results Annexes
Photo Credit: Chun Kwong Leong, Singapore CAPITALAND MALL TRUST Singapore’s First & Largest REIT Full Year 2015 Financial Results Annexes 22 January 2016 CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Slide 2: Portfolio Lease Expiry Profile
Portfolio Lease Expiry Profile(1) as at 31 December 2015 Weighted Average Expiry by Gross Rental Income 2.1 Years Gross Rental Income per Month (2) Number of Leases S$’000 % of Total (3) 2016 937 14,890 24.7 2017 1,030 18,302 30.3 2018 926 17,257 28.6 2019 135 4,874 8.1 2020 & Beyond 58 4,981 8.3 To
Slide 3: Gross Revenue by Property
Gross Revenue by Property CMT PORTFOLIO(1) % of Total Gross Revenue For FY 2015 Tampines Mall 9.8 Junction 8 7.4 Funan DigitaLife Mall 4.3 IMM Building 9.3 Plaza Singapura 11.6 Bugis Junction 10.6 JCube 3.1 Lot One Shoppers' Mall 5.6 Bukit Panjang Plaza 3.4 The Atrium@Orchard 6.5 Clarke Quay 4.4 Bug
Slide 4: Well-Diversified Trade Mix
Well-Diversified Trade Mix CMT PORTFOLIO(1) % of Gross Rental Income(2) For the month of December 2015 Food & Beverages 29.0 Fashion 14.1 Beauty & Health 10.4 Services 6.8 Department Store 5.6 Gifts / Toys & Hobbies / Books / Sporting Goods 5.2 Shoes & Bags 4.6 (3) Leisure & Entertainment / Music &
Slide 5: Top 10 Tenants
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 3.1 Supermarket / Beauty & Health / Services Cold Storage Singapore
Slide 6: Trade Mix – Tampines Mall
Trade Mix – Tampines Mall % of Gross Rental Income(1) For the month of December 2015 Food & Beverages 28.7 Fashion 13.1 Beauty & Health 11.0 Services 7.5 Gifts / Toys & Hobbies / Books / Sporting Goods 7.1 Jewellery & Watches 6.1 Supermarket 5.6 Department Store 5.1 Shoes & Bags 4.3 Leisure & Entert
Slide 7: Trade Mix – Junction 8
Trade Mix – Junction 8 % of Gross Rental Income(1) For the month of December 2015 Food & Beverages 32.7 Beauty & Health 12.7 Fashion 12.7 Services 6.0 Department Store 5.7 Supermarket 5.2 Gifts / Toys & Hobbies / Books / Sporting Goods 4.9 Electrical & Electronics 4.5 Shoes & Bags 4.2 Leisure & Ente
Slide 8: Trade Mix – Funan DigitaLife Mall
Trade Mix – Funan DigitaLife Mall % of Gross Rental Income(1) For the month of December 2015 Information Technology 35.3 Food & Beverages 18.1 Electrical & Electronics 13.1 Beauty & Health 7.6 Gifts / Toys & Hobbies / Books / Sporting Goods 6.9 Services 5.7 Houseware & Furnishings 4.2 Education 3.9
Slide 9: Trade Mix – IMM Building
Trade Mix – IMM Building % of Gross Rental Income(1) For the month of December 2015 Food & Beverages 22.8 Warehouse 14.3 Houseware & Furnishings 13.5 Fashion 9.4 Supermarket 6.9 Shoes & Bags 6.0 Beauty & Health 5.9 Electrical & Electronics 5.4 Gifts / Toys & Hobbies / Books / Sporting Goods 5.3 Serv
Slide 10: Trade Mix – Plaza Singapura
Trade Mix – Plaza Singapura % of Gross Rental Income(1) For the month of December 2015 Food & Beverages 25.7 Beauty & Health 10.8 Services 9.2 Fashion 9.1 Department Store 7.7 Shoes & Bags 7.4 Gifts / Toys & Hobbies / Books / Sporting Goods 6.7 Houseware & Furnishings 6.2 Leisure & Entertainment / M
Slide 11: Trade Mix – Bugis Junction
Trade Mix – Bugis Junction % of Gross Rental Income(1) For the month of December 2015 Food & Beverages 29.7 Fashion 20.9 Department Store 11.6 Beauty & Health 9.2 Gifts / Toys & Hobbies / Books / Sporting Goods 6.5 Shoes & Bags 5.5 Jewellery & Watches 4.9 Services 4.0 Leisure & Entertainment / Music
Slide 12: Trade Mix – Sembawang Shopping Centre
Trade Mix – Sembawang Shopping Centre % of Gross Rental Income(1) For the month of December 2015 Food & Beverages 26.0 Supermarket 16.3 Beauty & Health 12.8 Education 10.9 Fashion 9.2 Department Store 6.0 Houseware & Furnishings 5.7 Services 4.0 Leisure & Entertainment / Music & Video 3.0 Gifts / To
Slide 13: Trade Mix – JCube
Trade Mix – JCube % of Gross Rental Income(1) For the month of December 2015 Food & Beverages 40.0 Leisure & Entertainment / Music & Video 12.3 Fashion 12.1 Beauty & Health 11.5 Gifts / Toys & Hobbies / Books / Sporting Goods 6.5 Services 5.5 Supermarket 4.6 Information Technology 2.3 Department Sto
Slide 14: Trade Mix – Lot One Shoppers’ Mall
Trade Mix – Lot One Shoppers’ Mall % of Gross Rental Income(1) For the month of December 2015 Food & Beverages 30.8 Beauty & Health 15.9 Fashion 14.3 Services 8.4 Gifts / Toys & Hobbies / Books / Sporting Goods 5.2 Department Store 4.1 Leisure & Entertainment / Music & Video 4.0 Supermarket 4.0 Shoe
Slide 15: Trade Mix – Bukit Panjang Plaza
Trade Mix – Bukit Panjang Plaza % of Gross Rental Income(1) For the month of December 2015 Food & Beverages 39.6 Beauty & Health 15.7 Services 10.7 Supermarket 10.2 Fashion 5.3 Gifts / Toys & Hobbies / Books / Sporting Goods 4.1 Department Store 3.4 Jewellery & Watches 3.2 Education 2.1 Electrical &
Slide 16: Trade Mix – The Atrium@Orchard
Trade Mix – The Atrium@Orchard % of Gross Rental Income(1) For the month of December 2015 Office 44.5 Food & Beverages 15.8 Beauty & Health 15.0 Fashion 10.1 Services 9.5 Shoes & Bags 2.1 Gifts / Toys & Hobbies / Books / Sporting Goods 1.9 Houseware & Furnishings 0.9 Electrical & Electronics 0.2 Tot
Slide 17: Trade Mix – Clarke Quay
Trade Mix – Clarke Quay % of Gross Rental Income(1) For the month of December 2015 Food & Beverages 65.5 Leisure & Entertainment / Music & Video 28.8 Office 5.4 Services 0.3 Total 100.0 (1) Based on committed gross rental income and excludes gross turnover rent. 17 CapitaLand Mall Trust Full Year 20
Slide 18: Trade Mix – Bugis+
Trade Mix - Bugis+ % of Gross Rental Income(1) For the month of December 2015 Leisure & Entertainment / Music & Video(2) 36.0 Fashion 31.5 Food & Beverages 13.8 Gifts / Toys & Hobbies / Books / Sporting Goods 6.9 Beauty & Health 6.7 Shoes & Bags 2.6 Services 1.9 Jewellery & Watches 0.6 Total 100.0 (
Slide 19: Trade Mix – Bedok Mall
Trade Mix – Bedok Mall % of Gross Rental Income(1) For the month of December 2015 Food & Beverages 30.3 Fashion 20.4 Beauty & Health 12.9 Services 8.4 Gifts / Toys & Hobbies / Books / Sporting Goods 7.1 Supermarket 5.8 Shoes & Bags 5.2 Jewellery & Watches 3.2 Electrical & Electronics 2.6 Information
Slide 20: Trade Mix – Westgate
Trade Mix – Westgate % of Gross Rental Income(1) For the month of December 2015 Food & Beverages 30.7 Fashion 16.6 Beauty & Health 13.0 Services 10.9 Department Store 5.9 Gifts / Toys & Hobbies / Books / Sporting Goods 4.9 Shoes & Bags 3.5 Education 3.1 Electrical & Electronics 3.1 Supermarket 2.9 J
Slide 21: Lease Expiry Profile – Portfolio
Lease Expiry Profile – Portfolio(1) 35.0% 30.3% 28.6% 30.0% 26.9% 24.7% 23.2% 23.4% 25.0% 20.0% 15.6% 15.0% 10.9% 8.1% 8.3% 10.0% 5.0% 0.0% 2016 2017 2018 2019 2020 & Beyond (2) % of total Net Lettable Area % of total Gross Rental Income (1) Includes CMT’s 40.0% interest in Raffles City Singapore (o
Slide 22: Lease Expiry Profile – Tampines Mall
Lease Expiry Profile – Tampines Mall 33.6% 35.0% 31.1% 30.3% 30.0% 26.5% 25.6% 23.7% 25.0% 20.0% 16.4% 15.0% 10.8% 10.0% 5.0% 0.7% 1.3% 0.0% 2016 2017 2018 2019 2020 & Beyond (1) % of total Net Lettable Area % of total Gross Rental Income (1) Based on committed gross rental income for the expiry mon
Slide 23: Lease Expiry Profile – Junction 8
Lease Expiry Profile – Junction 8 40.0% 36.9% 35.0% 30.0% 26.5% 27.3% 26.2% 24.1% 25.0% 17.6% 20.0% 15.3% 14.4% 15.0% 10.2% 10.0% 5.0% 1.5% 0.0% 2016 2017 2018 2019 2020 & Beyond (1) % of total Net Lettable Area % of total Gross Rental Income (1) Based on committed gross rental income for the expiry
Slide 24: Lease Expiry Profile – Funan DigitaLife Mall
Lease Expiry Profile – Funan DigitaLife Mall 45.0% 41.6% 40.0% 35.7% 32.7% 35.0% 31.6% 30.6% 30.0% 26.1% 25.0% 20.0% 15.0% 10.0% 5.0% 0.7% 1.0% 0.0% 2016 2017 2018 2019 2020 & Beyond % of total Net Lettable Area % of total Gross Rental Income (1) (1) Based on committed gross rental income for the ex
Slide 25: Lease Expiry Profile – IMM Building
Lease Expiry Profile – IMM Building 38.0% 40.0% 35.0% 30.7% 27.8% 27.6% 30.0% 24.3% 22.5% 25.0% 20.0% 15.0% 12.0% 7.7% 10.0% 5.4% 4.0% 5.0% 0.0% 2016 2017 2018 2019 2020 & Beyond (1) % of total Net Lettable Area % of total Gross Rental Income (1) Based on committed gross rental income for the expiry
Slide 26: Lease Expiry Profile – Plaza Singapura
Lease Expiry Profile – Plaza Singapura 40.0% 34.1% 33.3% 35.0% 28.2% 30.0% 26.5% 25.4% 25.0% 20.4% 20.0% 15.0% 12.0% 8.9% 10.0% 5.8% 5.4% 5.0% 0.0% 2016 2017 2018 2019 2020 & Beyond (1) % of total Net Lettable Area % of total Gross Rental Income (1) Based on committed gross rental income for the exp
Slide 27: Lease Expiry Profile – Bugis Junction
Lease Expiry Profile – Bugis Junction 40.0% 35.5% 35.0% 29.0% 30.0% 25.4% 23.6% 23.4% 25.0% 22.2% 20.6% 20.3% 20.0% 15.0% 10.0% 5.0% 0.0% 2016 2017 2018 2019 2020 & Beyond (1) % of total Net Lettable Area % of total Gross Rental Income (1) Based on committed gross rental income for the expiry month
Slide 28: Lease Expiry Profile – Sembawang Shopping Centre
Lease Expiry Profile – Sembawang Shopping Centre 45.0% 40.9% 37.5% 40.0% 35.9% 35.0% 35.0% 30.0% 25.0% 20.0% 13.4% 15.0% 9.6% 8.5% 7.9% 10.0% 6.0% 5.3% 5.0% 0.0% 2016 2017 2018 2019 2020 & Beyond (1) % of total Net Lettable Area % of total Gross Rental Income (1) Based on committed gross rental inco
Slide 29: Lease Expiry Profile – JCube
Lease Expiry Profile – JCube 45.0% 39.5% 40.0% 35.8% 35.0% 28.9% 30.0% 25.6% 25.0% 21.5% 20.0% 13.7% 14.3% 15.0% 9.7% 7.8% 10.0% 3.2% 5.0% 0.0% 2016 2017 2018 2019 2020 & Beyond (1) % of total Net Lettable Area % of total Gross Rental Income (1) Based on committed gross rental income for the expiry
Slide 30: Lease Expiry Profile – Lot One Shoppers’ Mall
Lease Expiry Profile – Lot One Shoppers’ Mall 60.0% 54.2% 50.0% 40.7% 40.0% 40.0% 30.9% 30.0% 20.0% 15.2% 9.4% 10.0% 1.9% 2.3% 3.6% 1.8% 0.0% 2016 2017 2018 2019 2020 & Beyond (1) % of total Net Lettable Area % of total Gross Rental Income (1) Based on committed gross rental income for the expiry mo
Slide 31: Lease Expiry Profile – Bukit Panjang Plaza
Lease Expiry Profile – Bukit Panjang Plaza 50.0% 45.1% 43.0% 45.0% 40.0% 35.0% 29.3% 30.0% 25.9% 25.0% 22.1% 20.0% 16.2% 15.0% 8.0% 10.0% 5.0% 4.4% 5.0% 1.0% 0.0% 2016 2017 2018 2019 2020 & Beyond (1) % of total Net Lettable Area % of total Gross Rental Income (1) Based on committed gross rental inc
Slide 32: Lease Expiry Profile – The Atrium@Orchard
Lease Expiry Profile – The Atrium@Orchard 66.2% 70.0% 60.0% 48.0% 50.0% 40.0% 30.0% 21.5% 19.6% 20.0% 14.2% 10.9% 9.4% 6.1% 10.0% 2.6% 1.5% 0.0% 2016 2017 2018 2019 2020 & Beyond (1) % of total Net Lettable Area % of total Gross Rental Income (1) Based on committed gross rental income for the expiry
Slide 33: Lease Expiry Profile – Clarke Quay
Lease Expiry Profile – Clarke Quay 35.0% 31.1% 30.0% 27.5% 24.2% 23.2% 25.0% 22.2% 20.0% 17.1% 16.7% 13.1% 12.9% 15.0% 12.0% 10.0% 5.0% 0.0% 2016 2017 2018 2019 2020 & Beyond (1) % of total Net Lettable Area % of total Gross Rental Income (1) Based on committed gross rental income for the expiry mon
Slide 34: Lease Expiry Profile – Bugis+
Lease Expiry Profile – Bugis+ 47.2% 50.0% 44.9% 45.0% 40.0% 35.0% 30.0% 25.0% 21.3% 19.3% 17.8% 20.0% 15.8% 15.0% 11.5% 8.7% 6.5% 7.0% 10.0% 5.0% 0.0% 2016 2017 2018 2019 2020 & Beyond (1) % of total Net Lettable Area % of total Gross Rental Income (1) Based on committed gross rental income for the
Slide 35: Lease Expiry Profile – Bedok Mall
Lease Expiry Profile – Bedok Mall 80.0% 73.6% 70.6% 70.0% 60.0% 50.0% 40.0% 30.0% 18.0% 16.2% 20.0% 6.1% 4.7% 10.0% 2.7% 3.6% 2.6% 1.9% 0.0% 2016 2017 2018 2019 2020 & Beyond (1) % of total Net Lettable Area % of total Gross Rental Income (1) Based on committed gross rental income for the expiry mon
Slide 36: Lease Expiry Profile – Westgate
Lease Expiry Profile – Westgate 70.0% 60.4% 60.0% 47.6% 50.0% 40.0% 30.0% 24.8% 18.0% 18.1% 20.0% 14.1% 10.0% 5.5% 6.0% 4.1% 1.4% 0.0% 2016 2017 2018 2019 2020 & Beyond (1) % of total Net Lettable Area % of total Gross Rental Income (1) Based on committed gross rental income for the expiry month of
Slide 37: Thank you
Photo Credit: Chun Kwong Leong, Singapore Thank you For enquiries, please contact: Ms Audrey Tan, Investor Relations, Direct: (65) 6713 1507 Email: audrey.tan@capitaland.com CapitaLand Mall Trust Management Limited (http://www.cmt.com.sg) 168 Robinson Road, #30-01 Capital Tower, Singapore 068912 Tel