CapitLand Malls and Commercial Trusts Are a Go!

News about CapitaLand Mall Trust

Shareholders of both CapitaLand Malls Trust and CapitaLand Commercial Trust have approved the merger of the two trusts during their respective EGM.

The merged entity is expected to be one of the largest Reits in the Asia-Pacific and the largest in Singapore by market capitalisation (S$12.7 billion) and total portfolio property value (S$22.4 billion).

CapitaLand Mall Trust
Price1.930 SGD
NAV1.990 SGD
Yield (4 quarters)4.73%
Gearing34.4%