CapitaLand Retail China Trust sells Wuhan mall, other premises for 258 million yuan

News about CapitaLand China Trust
CapitaLand Retail China Trust (CRCT) has inked a deal to sell real estate in Wuhan for 258 million yuan (S$52.6 million) in cash, the manager said on Monday.

The trust is selling CapitaMall Minzhongleyuan and three sets of vacant premises to an unrelated third party, which has also agreed to pay an extra 200 million yuan to cover a shareholder loan and entrustment loans.
...read more on The Business Times
CapitaLand China Trust
Price0.685 SGD
NAV1.010 SGD
Yield (4 quarters)7.04%
Gearing40.7%