China Merchants Commercial Real Estate Investment Trust reported unaudited operating results for the fourth quarter ended 31 December 2022. In the fourth quarter of 2022, the overall occupancy rate of CMC REIT's office portfolio was steady compared to the last quarter. In particular, the occupancy rate of Cyberport Building increased by 3.4% points to 85.9%, while the occupancy rate of New Times Plaza dropped slightly by 1.7% points to 84.0%.

The passing rent of Technology Building and Technology Building 2 increased by RMB 3.7/sq.m. and RMB 1.5/sq.m. respectively, leading to an overall increase in passing rent.