Portfolio Overview

CRT’s total portfolio of 11 assets comprises four retail properties as at listing date, and seven retail properties acquired subsequent to the initial public offering. As at 30 June 2016, the portfolio is valued at approximately JPY112,640 million (equivalent to approximately S$1.5 billion). Aeon Town Moriya, Aeon Town Suzuka, Mallage Shobu, Luz Omori, One's Mall, Croesus Shinsaibashi and Croesus Tachikawa were valued by independent valuer CBRE K.K.. The more recently acquired properties, namely, Torius, Fuji Grand Natalie, Mallage Saga and Feeeal Asahikawa were valued by independent valuer Cushman & Wakefield K.K.1

The key competitive strengths of the properties are the stable yields they generate, their high occupancy rates and their proximity to train stations and key shopping districts. The 11 properties have an aggregate NLA of approximately 426,100.5 sq m and an average occupancy rate of 98.1% as at 30 June 2016.

1 Valuations by independent valuer, Cushman & Wakefield K.K. were completed for Torius, Fuji Grand Natalie, Mallage Saga and Feeeal Asahikawa on 30 June 2016, 31 March 2016, 15 April 2016, and 15 April 2016 respectively.