CapitaLand Mall Trust : Full Year 2019 Financial Results Presentation - Annexes

CAPITALAND MALL TRUST

Full Year 2019 Financial Results - Annexes 22 January 2020

Gross Revenue by Property

CMT Portfolio(1)

	% of Total Gross Revenue
	For FY 2019
Tampines Mall	9.4
Junction 8	7.0
Funan	3.2
IMM Building	9.9
Plaza Singapura	10.5
Bugis Junction	9.6
Lot One Shoppers' Mall	4.9
The Atrium@Orchard	5.7
Clarke Quay	4.6
Bugis+	3.8
Bedok Mall	6.6
Westgate	8.5
Other assets(2)	5.7
Raffles City Singapore	10.6
Total	100.0

1. Includes CMT's 40.0% interest in Raffles City Singapore and Funan, which was closed in July 2016 for redevelopment and reopened in June 2019.
2. Includes Bukit Panjang Plaza and JCube.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

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Well-Diversified Trade Mix

CMT Portfolio(1)

	% of Gross Rental Income(2)
	For the month of
	December 2019
Food & Beverage		31.1
Beauty & Health		11.7
Fashion		11.0
Department Store		5.8
Office		5.4
Leisure & Entertainment / Music & Video(3)		4.8
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods		4.8
Services		4.2
Supermarket		3.6
Shoes & Bags		3.5
IT & Telecommunications		3.5
Home Furnishing		3.0
Electrical & Electronics		2.2
Jewellery & Watches		2.1
Education		1.4
Warehouse		1.4
Others(4)		0.5
Total		100.0
(1) Includes CMT's 40.0% interest in Raffles City Singapore (retail only) and Funan, which was closed in July 2016 for redevelopment and reopened in June 2019.
(2) 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.	3
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

Top 10 Tenants

10 Largest Tenants Contribute About 22.1% of Total Gross Rental Income(1) No Single Tenant Contributes More Than 4.0% of Total Gross Rental Income

Tenant	Trade Sector	% of Gross Rental Income
RC Hotels (Pte.) Ltd	Hotel	3.2
NTUC Enterprise	Supermarket / Beauty & Health / Services / Food &	3.2
Beverage / Education / Warehouse
Temasek Holdings (Private) Limited	Office	2.8
Al-Futtaim Group	Department Store / Fashion / Beauty & Health /	2.7
Sporting Goods
BreadTalk Group Limited	Food & Beverage	2.5
Cold Storage Singapore (1983) Pte Ltd	Supermarket / Beauty & Health /	2.4
Services / Warehouse
BHG (Singapore) Pte. Ltd.	Department Store	1.7
Golden Village Multiplex Pte Ltd	Leisure & Entertainment	1.2
Wing Tai Retail Management Pte. Ltd.	Fashion / Sporting Goods / Shoes & Bags	1.2
Isetan (Singapore) Limited	Department Store	1.2
Total		22.1

(1) Based on gross rental income for the month of December 2019 and excludes gross turnover rent.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

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Trade Mix - Tampines Mall

% of Gross Rental Income(1)
	For the month of
	December 2019
Food & Beverage	29.8
Beauty & Health	12.0
Fashion	11.3
Jewellery & Watches	6.5
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods	6.3
IT & Telecommunications	6.1
Supermarket	6.0
Department Store	5.1
Leisure & Entertainment / Music & Video	4.7
Shoes & Bags	3.6
Education	3.4
Electrical & Electronics	2.6
Services	2.2
Home Furnishing	0.4
Total	100.0
(1) Excludes gross turnover rent.
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	5

Trade Mix - Junction 8

% of Gross Rental Income(1)
	For the month of
	December 2019
Food & Beverage	34.9
Beauty & Health	16.0
Fashion	7.7
Services	6.3
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods	6.2
Department Store	5.8
Supermarket	5.4
Electrical & Electronics	4.6
Leisure & Entertainment / Music & Video	3.5
Jewellery & Watches	2.6
IT & Telecommunications	1.9
Shoes & Bags	1.8
Office	1.5
Home Furnishing	1.2
Education	0.6
Total	100.0
(1) Excludes gross turnover rent.
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	6

Trade Mix - Funan

% of Gross Rental Income(1)
	For the month of
	December 2019
Office	32.4
Food & Beverage	26.4
IT & Telecommunications	7.2
Electrical & Electronics	7.2
Beauty & Health	6.9
Leisure & Entertainment / Music & Video	4.0
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods	3.7
Home Furnishing	3.0
Fashion	2.9
Services	2.6
Shoes & Bags	1.5
Education	0.9
Supermarket	0.9
Jewellery & Watches	0.4
Total	100.0
(1) Excludes gross turnover rent.
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	7

Trade Mix - IMM Building

% of Gross Rental Income(1)
	For the month of
	December 2019
Food & Beverage	20.3
Warehouse	15.2
Home Furnishing	13.4
Fashion	11.0
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods	8.2
Shoes & Bags	7.0
Supermarket	6.6
Beauty & Health	5.8
Electrical & Electronics	4.5
Services	2.8
Jewellery & Watches	1.9
IT & Telecommunications	1.8
Department Store	1.5
Total	100.0
(1) Excludes gross turnover rent.
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	8

Trade Mix - Plaza Singapura

	% of Gross Rental Income(1)
		For the month of
		December 2019
Food & Beverage		28.4
Beauty & Health		11.8
Fashion		10.2
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods		7.1
Home Furnishing		6.8
Department Store		5.8
Services		5.6
Leisure & Entertainment / Music & Video		5.5
IT & Telecommunications		5.3
Shoes & Bags		4.4
Supermarket		4.1
Education		2.6
Jewellery & Watches		2.1
Electrical & Electronics		0.3
Total		100.0
(1) Excludes gross turnover rent.
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	9

Trade Mix - Bugis Junction

	% of Gross Rental Income(1)
	For the month of
	December 2019
Food & Beverage	31.5
Fashion	16.1
Department Store	12.0
Beauty & Health	11.2
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods	6.7
IT & Telecommunications	6.1
Jewellery & Watches	5.3
Shoes & Bags	5.3
Supermarket	3.0
Services	2.3
Electrical & Electronics	0.5
Total	100.0

(1) Excludes gross turnover rent.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

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Trade Mix - JCube

% of Gross Rental Income(1)
	For the month of
	December 2019
Food & Beverage	39.7
Leisure & Entertainment / Music & Video	13.1
Fashion	11.5
Beauty & Health	8.7
Supermarket	8.2
Services	5.6
Education	3.8
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods	3.4
IT & Telecommunications	2.3
Department Store	1.5
Shoes & Bags	1.2
Home Furnishing	0.8
Electrical & Electronics	0.2
Total	100.0
(1) Excludes gross turnover rent.
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	11

Trade Mix - Raffles City Singapore (Retail Only)

	% of Gross Rental Income(1)
	For the month of
	December 2019
Food & Beverage	32.4
Fashion	19.4
Department Store	17.6
Beauty & Health	10.1
Shoes & Bags	5.7
Others(2)	4.5
Services	3.6
Supermarket	2.7
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods	1.5
IT & Telecommunications	1.2
Home Furnishing	0.7
Jewellery & Watches	0.4
Electrical & Electronics	0.2
Total	100.0

1. Excludes gross turnover rent.
2. Includes Art Gallery and Luxury.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

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Trade Mix - Lot One Shoppers' Mall

% of Gross Rental Income(1)
	For the month of
	December 2019
Food & Beverage	32.4
Beauty & Health	17.9
Fashion	10.6
Services	7.1
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods	4.6
Department Store	4.4
Leisure & Entertainment / Music & Video	4.4
Supermarket	4.2
Electrical & Electronics	3.7
IT & Telecommunications	3.1
Shoes & Bags	2.2
Education	2.2
Jewellery & Watches	1.9
Home Furnishing	1.3
Total	100.0
(1) Excludes gross turnover rent.
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	13

Trade Mix - Bukit Panjang Plaza

% of Gross Rental Income(1)
	For the month of
	December 2019
Food & Beverage	40.9
Beauty & Health	14.2
Supermarket	10.8
Services	10.3
Education	4.7
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods	3.4
IT & Telecommunications	2.7
Fashion	2.6
Electrical & Electronics	2.5
Jewellery & Watches	2.3
Department Store	2.2
Shoes & Bags	1.9
Home Furnishing	1.5
Total	100.0
(1) Excludes gross turnover rent.
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	14

Trade Mix - The Atrium@Orchard

% of Gross Rental Income(1)
	For the month of
	December 2019
Office	49.4
Food & Beverage	17.1
Beauty & Health	15.6
Fashion	7.3
Services	3.6
Electrical & Electronics	1.9
Department Store	1.3
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods	1.1
IT & Telecommunications	1.1
Shoes & Bags	0.6
Home Furnishing	0.5
Jewellery & Watches	0.4
Leisure & Entertainment / Music & Video	0.1
Total	100.0
(1) Excludes gross turnover rent.
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	15

Trade Mix - Clarke Quay

	% of Gross Rental Income(1)
	For the month of
	December 2019
Food & Beverage	61.1
Leisure & Entertainment / Music & Video	35.4
Office	2.5
Beauty & Health	0.9
Services	0.1
Total	100.0

(1) Excludes gross turnover rent.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

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Trade Mix - Bugis+

	% of Gross Rental Income(1)
	For the month of
	December 2019
Leisure & Entertainment / Music & Video(2)	35.1
Fashion	24.8
Food & Beverage	16.9
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods	10.1
Beauty & Health	7.7
Shoes & Bags	1.9
Services	1.9
Jewellery & Watches	0.9
IT & Telecommunications	0.7
Total	100.0

1. Excludes gross turnover rent.
2. Includes tenants approved as thematic dining, entertainment and a performance centre.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

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Trade Mix - Bedok Mall

% of Gross Rental Income(1)
	For the month of
	December 2019
Food & Beverage	36.4
Beauty & Health	17.2
Fashion	13.8
Supermarket	6.5
Services	5.3
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods	4.2
IT & Telecommunications	4.1
Shoes & Bags	2.8
Jewellery & Watches	2.8
Electrical & Electronics	2.6
Home Furnishing	2.2
Education	0.8
Department Store	0.7
Leisure & Entertainment / Music & Video	0.6
Total	100.0
(1) Excludes gross turnover rent.
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	18

Trade Mix - Westgate

% of Gross Rental Income(1)
	For the month of
	December 2019
Food & Beverage	36.5
Beauty & Health	17.6
Department Store	9.1
Services	7.6
Fashion	7.2
Home Furnishing	5.3
Education	5.0
IT & Telecommunications	3.9
Gifts & Souvenirs / Toys & Hobbies / Books & Stationery / Sporting Goods	3.3
Shoes & Bags	2.6
Electrical & Electronics	0.9
Leisure & Entertainment / Music & Video	0.6
Jewellery & Watches	0.4
Total	100.0
(1) Excludes gross turnover rent.
CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	19

Lease Expiry Profile - Tampines Mall

% of total Gross Rental Income (1)

(1) As

40.0

				30.1	29.0
30.0
23.7
20.0								11.0
10.0												5.6
												0.6
0.0
2020	2021	2022	2023	2024			2025 and
														beyond

at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

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Lease Expiry Profile - Junction 8

% of total Gross Rental Income (1)

(1) As

40.0	37.2

34.7

30.0

20.016.9

10.0										6.2			5.0
													0.0
0.0
2020	2021	2022	2023	2024			2025 and
															beyond

at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

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Lease Expiry Profile - Funan

% of total Gross Rental Income (1)

50.0	47.2

40.0

30.0

20.0

10.0
5.2	5.0
	2.4
0.0

30.6

9.6

2020	2021	2022	2023	2024	2025 and beyond
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
	CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	22

Lease Expiry Profile - IMM Building

% of total Gross Rental Income (1)

40.0

34.1

31.5

30.0

24.0

20.0

8.4

10.0

1.50.5

0.0

2020	2021	2022	2023	2024	2025 and
					beyond

(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

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Lease Expiry Profile - Plaza Singapura

% of total Gross Rental Income (1)

(1) As

40.0

30.329.9

30.0	26.0

20.0

10.0		6.9

4.5

2.4

0.0
2020	2021	2022	2023	2024		2025 and
													beyond

at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

24

Lease Expiry Profile - Bugis Junction

% of total Gross Rental Income (1)

29.1

30.0

22.3

20.8

20.0

15.5

10.6

10.0

1.7

0.0

2020	2021	2022	2023	2024	2025 and
					beyond
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
	CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	25

Lease Expiry Profile - JCube

% of total Gross Rental Income (1)

29.229.2

30.0

25.1

20.0

14.4

10.0

										2.1
													0.0
0.0
2020	2021	2022	2023	2024		2025 and
														beyond

(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

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Lease Expiry Profile - Raffles City Singapore

% of total Gross Rental Income (1)

40.0

33.1

30.0

20.0

					15.9
							12.8
															9.4
10.0			7.7	7.7
	5.2			3.7
															1.7	1.8	0.5
																		0.5
																				0.0
0.0
2020	2021	2022					2023	2024		2025 and
																					beyond
										Retail		Office			Hotel

(1) As at 31 December 2019. Based on committed gross rental income and excludes gross turnover rental.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

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Lease Expiry Profile - Lot One Shoppers' Mall

% of total Gross Rental Income (1)

(1) As

40.0

34.2

28.8

30.0

21.5

20.0

										9.7
10.0													5.6
													0.2
0.0
2020	2021	2022	2023	2024			2025 and beyond

at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

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Lease Expiry Profile - Bukit Panjang Plaza

% of total Gross Rental Income (1)

50.0

43.1

40.0

30.0			24.6
23.4
20.0

10.0

4.1	3.7
	1.1

0.0

2020	2021	2022	2023	2024	2025 and
					beyond
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
	CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	29

Lease Expiry Profile - The Atrium@Orchard

% of total Gross Rental Income (1)

(1) As

59.6

60.0
50.0
40.0
30.0							20.4
20.0			14.8
10.0										4.1
														0.0	1.1
0.0
2020	2021	2022	2023	2024			2025 and
																beyond

at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

30

Lease Expiry Profile - Clarke Quay

Income (1)

40.0

35.0

30.0

37.6

% of total Gross Rental

25.0
21.0
	18.7
20.0

14.0

15.0

10.0

5.0

0.0

3.4

5.3

2020	2021	2022	2023	2024	2025 and
					beyond
(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.
	CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*	31

Lease Expiry Profile - Bugis+

% of total Gross Rental Income (1)

47.9

50.0

40.0

33.9

30.0

20.0

14.1

10.0

										4.1
										0.0	0.0
0.0
2020	2021	2022	2023	2024		2025 and
														beyond

(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

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Lease Expiry Profile - Bedok Mall

% of total Gross Rental Income (1)

(1) As

40.0		36.8

30.025.9

24.5

20.0								12.1
10.0												0.7	0.0
0.0
2020	2021	2022	2023	2024			2025 and
														beyond

at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

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Lease Expiry Profile - Westgate

% of total Gross Rental Income (1)

28.8

30.0

25.9

20.1

18.7

20.0

10.0

6.1

												0.4
0.0
2020	2021	2022	2023	2024		2025 and
													beyond

(1) As at 31 December 2019. Based on committed gross rental income for the expiry month of the lease and excludes gross turnover rental.

CapitaLand Mall Trust Full Year 2019 Financial Results *January 2020*

34

Thank you