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CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Ph
oto
Cre
dit
: C
hu
n K
wo
ng
Le
on
g,
Sin
gap
ore
22 January 2016
CAPITALAND MALL TRUST Singapore’s First & Largest REIT
Full Year 2015 Financial Results
Annexes
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
(1) Based on committed leases. Includes CMT’s 40.0% interest in Raffles City Singapore (excluding hotel
lease) and CMT’s 30.0% interest in Westgate. (2) Based on the month in which the lease expires and excludes gross turnover rent. (3) Of which 798 leases are retail leases.
Portfolio Lease Expiry Profile
as at 31 December 2015
2016
2017
2018
2019
2020 & Beyond
Total
Number of Leases
937 (3)
1,030
926
135
58
3,086
Gross Rental Income per Month (2)
S$’000 % of Total
14,890 24.7
18,302 30.3
17,257 28.6
4,874 8.1
4,981 8.3
60,304 100.0
(1)
Weighted Average Expiry by Gross Rental Income 2.1 Years
2
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Gross Revenue by Property
(1) Includes CMT’s 40.0% interest in Raffles City Singapore and CMT’s 30.0% interest in Westgate.
(2) Include Sembawang Shopping Centre and Rivervale Mall (which was sold in December 2015) (3) Bedok Mall was acquired on 1 October 2015.
3
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
Bugis+ 4.1
Other assets(2) 3.1
Bedok Mall(3) 1.8
Raffles City Singapore 11.9
Westgate 3.1
Total 100.0
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Well-Diversified Trade Mix CMT PORTFOLIO(1)
(1) Includes CMT’s 40.0% interest in Raffles City Singapore (excluding hotel lease) and CMT’s 30.0% interest in Westgate. (2) Based on committed gross rental income and 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.
4
% 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
Leisure & Entertainment / Music & Video(3) 4.4
Supermarket 3.9
Office 3.1
Jewellery & Watches 2.6
Houseware & Furnishings 2.5
Information Technology 2.3
Electrical & Electronics 2.2
Education 1.3
Warehouse 1.3
Others(4) 0.7
Total 100.0
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Tenant Trade Sector % of Gross Rental
Income
RC Hotels (Pte) Ltd Hotel 3.1
Cold Storage Singapore (1983) Pte Ltd Supermarket / Beauty & Health / Services
/ Warehouse 2.6
Temasek Holdings (Private) Ltd Office 2.4
Robinson & Co. (Singapore) Pte Ltd Department Store / Beauty & Health 2.4
Wing Tai Clothing Pte Ltd Food & Beverages / Fashion &
Accessories / Sporting Goods & Apparel 2.0
NTUC Supermarket / Beauty & Health / Food &
Beverages / Services 1.9
Auric Pacific Group Limited Food & Beverages 1.6
BHG (Singapore) Pte. Ltd Department Store 1.5
Jay Gee Enterprises (Pte.) Ltd Fashion / Beauty & Health / Sporting &
Apparel / Shoes & Bags / Luxury 1.2
BreadTalk Pte. Ltd Food & Beverages 1.1
Total 19.8
Top 10 Tenants
(1) Based on actual gross rental income for the month of December 2015 and exclude gross turnover rent.
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
5
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Trade Mix – Tampines Mall
(1) Based on committed gross rental income and excludes gross turnover rent.
6
% 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 & Entertainment / Music & Video 3.8
Education 3.2
Electrical & Electronics 2.3
Information Technology 2.2
Total 100.0
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Trade Mix – Junction 8
(1) Based on committed gross rental income and excludes gross turnover rent.
7
% 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 & Entertainment / Music & Video 3.8
Jewellery & Watches 2.6
Information Technology 1.9
Office 1.5
Houseware & Furnishings 1.1
Education 0.5
Total 100.0
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Trade Mix – Funan DigitaLife Mall
(1) Based on committed gross rental income and excludes gross turnover rent.
8
% 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
Shoes & Bags 1.9
Leisure & Entertainment / Music & Video 1.2
Jewellery & Watches 1.1
Supermarket 1.0
Total 100.0
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Trade Mix – IMM Building
(1) Based on committed gross rental income and excludes gross turnover rent.
9
% 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
Services 5.1
Jewellery & Watches 2.2
Department Store 1.5
Office 1.1
Information Technology 0.6
Total 100.0
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Trade Mix – Plaza Singapura
(1) Based on committed gross rental income and excludes gross turnover rent.
10
% 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 / Music & Video 5.4
Jewellery & Watches 4.2
Supermarket 3.8
Education 2.5
Information Technology 1.0
Electrical & Electronics 0.3
Total 100.0
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Trade Mix – Bugis Junction
(1) Based on committed gross rental income and excludes gross turnover rent.
11
% 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 & Video 3.0
Supermarket 2.9
Information Technology 1.4
Electrical & Electronics 0.4
Total 100.0
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Trade Mix – Sembawang Shopping Centre
(1) Based on committed gross rental income and excludes gross turnover rent.
12
% 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 / Toys & Hobbies / Books / Sporting Goods 2.8
Information Technology 1.5
Shoes & Bags 1.2
Jewellery & Watches 0.6
Total 100.0
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
% 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 Store 1.6
Shoes & Bags 1.4
Jewellery & Watches 1.0
Education 0.8
Houseware & Furnishings 0.4
Total 100.0
Trade Mix – JCube
(1) Based on committed gross rental income and excludes gross turnover rent.
13
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Trade Mix – Lot One Shoppers’ Mall
(1) Based on committed gross rental income and excludes gross turnover rent.
14
% 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
Shoes & Bags 3.6
Electrical & Electronics 3.5
Jewellery & Watches 2.3
Education 1.8
Information Technology 1.5
Houseware & Furnishings 0.6
Total 100.0
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Trade Mix – Bukit Panjang Plaza
(1) Based on committed gross rental income and excludes gross turnover rent.
15
% 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 & Electronics 2.1
Shoes & Bags 1.9
Information Technology 0.9
Houseware & Furnishings 0.8
Total 100.0
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Trade Mix – The Atrium@Orchard
(1) Based on committed gross rental income and excludes gross turnover rent.
16
% 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
Total 100.0
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Trade Mix – Clarke Quay
(1) Based on committed gross rental income and excludes gross turnover rent.
17
% 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
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Trade Mix - Bugis+
(1) Based on committed gross rental income and excludes gross turnover rent. (2) Includes tenants approved as thematic dining, entertainment and a performance centre.
18
% 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
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
% 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 Technology 1.9
Houseware & Furnishings 1.1
Department Store 0.7
Education 0.3
Leisure & Entertainment / Music & Video 0.1
Total 100.0
Trade Mix – Bedok Mall
(1) Based on committed gross rental income and excludes gross turnover rent.
19
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Trade Mix – Westgate
(1) Based on committed gross rental income and excludes gross turnover rent.
20
% 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
Jewellery & Watches 2.3
Information Technology 1.9
Houseware & Furnishings 1.2
Total 100.0
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
2016 2017 2018 2019 2020 & Beyond
23.2%
26.9%
23.4%
10.9%
15.6%
24.7%
30.3% 28.6%
8.1% 8.3%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – Portfolio(1)
(1) Includes CMT’s 40.0% interest in Raffles City Singapore (office and retail leases, excluding hotel lease) and CMT’s
30.0% interest in Westgate. (2) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
(2)
21
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
2016 2017 2018 2019 2020 & Beyond
23.7%
33.6%
25.6%
0.7%
16.4%
26.5%
30.3% 31.1%
1.3%
10.8%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – Tampines Mall
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
22
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
2016 2017 2018 2019 2020 & Beyond
26.2% 26.5%
14.4% 15.3%
17.6%
36.9%
27.3%
24.1%
10.2%
1.5%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – Junction 8
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
23
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Lease Expiry Profile – Funan DigitaLife Mall
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
24
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
2016 2017 2018 2019 2020 & Beyond
41.6%
26.1%
31.6%
0.7%
35.7%
30.6%
32.7%
1.0%
% of total Net Lettable Area % of total Gross Rental Income
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
2016 2017 2018 2019 2020 & Beyond
30.7%
27.6%
24.3%
5.4%
12.0%
27.8%
22.5%
38.0%
7.7%
4.0%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – IMM Building
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
25
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
2016 2017 2018 2019 2020 & Beyond
25.4%
33.3%
20.4%
8.9%
12.0%
28.2%
34.1%
26.5%
5.8% 5.4%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – Plaza Singapura
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
26
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
2016 2017 2018 2019 2020 & Beyond
23.6%
20.6% 20.3%
35.5%
25.4%
29.0%
23.4% 22.2%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – Bugis Junction
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
27
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
2016 2017 2018 2019 2020 & Beyond
40.9%
8.5%
35.0%
6.0%
9.6%
35.9%
13.4%
37.5%
7.9%
5.3%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – Sembawang Shopping Centre
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
28
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
2016 2017 2018 2019 2020 & Beyond
28.9%
9.7%
25.6%
14.3%
21.5%
39.5%
13.7%
35.8%
7.8%
3.2%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – JCube
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
29
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
2016 2017 2018 2019 2020 & Beyond
9.4%
30.9%
54.2%
1.9% 3.6%
15.2%
40.7% 40.0%
2.3% 1.8%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – Lot One Shoppers’ Mall
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
30
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
50.0%
2016 2017 2018 2019 2020 & Beyond
29.3%
16.2%
45.1%
5.0% 4.4%
25.9%
22.1%
43.0%
8.0%
1.0%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – Bukit Panjang Plaza
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
31
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
2016 2017 2018 2019 2020 & Beyond
14.2%
6.1%
10.9%
2.6%
66.2%
21.5%
9.4%
19.6%
1.5%
48.0%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – The Atrium@Orchard
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
32
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
2016 2017 2018 2019 2020 & Beyond
23.2%
12.0%
27.5%
13.1%
24.2%
22.2%
17.1%
31.1%
12.9%
16.7%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – Clarke Quay
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
33
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
40.0%
45.0%
50.0%
2016 2017 2018 2019 2020 & Beyond
11.5%
15.8%
44.9%
6.5%
21.3% 19.3%
17.8%
47.2%
8.7% 7.0%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – Bugis+
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
34
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
2016 2017 2018 2019 2020 & Beyond
2.7%
70.6%
18.0%
6.1% 2.6% 3.6%
73.6%
16.2%
4.7% 1.9%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – Bedok Mall
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
35
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
2016 2017 2018 2019 2020 & Beyond
5.5%
47.6%
18.0%
24.8%
4.1% 6.0%
60.4%
18.1%
14.1%
1.4%
% of total Net Lettable Area % of total Gross Rental Income
Lease Expiry Profile – Westgate
(1)
(1) Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
36
CapitaLand Mall Trust Full Year 2015 Financial Results *January 2016*
Thank you
For enquiries, please contact: Ms Audrey Tan, Investor Relations,
Direct: (65) 6713 1507 Email: [email protected]
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
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