CapitaLand China Trust - OCBC Investment 2022-11-02: Recovering From The Lockdowns

• Rental reversion for CapitaLand China Trust's retail portfolio turned positive to 4.9%.
• 9M22 shopper traffic and tenants’ sales recovered to 61% and 77% of pre-COVID levels.
• Performance of the New Economy portfolio remained resilient.

Retail segment: sequential recovery in 3Q22 led by Beijing malls

• - Read this at SGinvestors.io -
• For 9M22, shopper traffic and tenants’ sales recovered to 61% and 77% of pre-COVID levels. As of 30 Sep 2022, portfolio occupancy for CapitaLand China Trust’s retail segment dipped marginally by 0.4 percentage points (ppt) to 96.7%.
• - Read this at SGinvestors.io -

Positive rental reversions of 5.6% for New Economy portfolio

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2025-10-30 CapitaLand China Trust - Persistent Weakness.

Previous report by OCBC:
2025-09-29 CapitaLand China Trust - Protracted DPU Recovery Expected.

Price targets by other brokers at CapitaLand China Trust Target Prices.

Listing of research reports at CapitaLand China Trust Analyst Reports.

Relevant links:
CapitaLand China Trust Share Price History,
CapitaLand China Trust Announcements,
CapitaLand China Trust Dividend Payout Dates & Corporate Actions,
CapitaLand China Trust News