CapitaMall Trust Hot
CapitaMall Trust (CMT ) is the first Real Estate Investment Trust (REIT ) listed on Singapore Exchange Securities Trading Limited. They are also the largest REIT by market capitalisation and asset size in Singapore, with a market capitalisation and asset size of approximately S$6.4 billion and S$10.1 billion respectively as at 29 June 2012.
Basically they are an investment group that help manage investment funds based which is invested in real estate which is owned and managed by them. Their portfolio includes shopping malls like Raffles City, Junction 8, Bugis and Bugis+.
User Ratings Summary
User rating summary from: 1 user(s)
I love the work they did with Bugis+. Iluma was previously a neglected mall in a prominent location. I always felt it was such a waste. Once they took over an amazing transformation occurred. First, they completely changed the layout of the mall so that it was much more shopper friendly and space was maximised. They changed the concept of the mall to be young adults orientated. They turned level 5 which was occupied solely by a lan no one went to (colloseum) into a massive entertainment hub for everyone. They trimmed the fats, got rid of the bad stuff and pulled it brand new exciting shops. Even the walkway that connects it to their other property, Bugis is so much more vibrant and it seamlessly connects to each other like one shopping level of its own.
Bugis+ is now animated and crowded, like someone brought back from the dead. I now am a big fan of Capita Mall and will be keen to find out how to invest in their funds if possible The people behind them are geniuses.