- CapitaLand Integrated Commercial Trust focuses on generating organic growth through AEIs. Phases 3 and 4 of AEI for IMM Building will be completed in 3Q25, with CapitaLand Integrated Commercial Trust to finalise plans after for AEI for Tampines Mall in 4Q25 to leverage on URA’s Tampines Master Plan.
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Continuous generation of organic growth through AEIs and tenant mix optimisation.
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Rejuvenation of Tampines Town Central.
- The Urban Redevelopment Authority (URA) launched a 5-year Tampines Master Plan in Feb 25. Part of Tampines Central 5 will be transformed into a pedestrianised street between Tampines Town Central and Tampines MRT Station. CapitaLand Integrated Commercial Trust should finalise plans for AEI in 4Q25 to reposition Tampines Mall to leverage on the Tampines Master Plan.
- Concurrently, the departmental store space vacated by Isetan in Nov 25 could be reconfigured into smaller specialty units, which is expected to generate sizeable rental uplift.
IMM to be repositioned as Singapore’s largest outlet mall.
- Read more at SGinvestors.io.