Extracted from SGX’s website, the Corporate Information of
this Reit:
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CAPITACOMMERCIAL TRUST
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| Listed on: |
11 May 2004 on SGX Mainboard |
| ISIN Code : |
SG1P32918333 |
| Incorporated on : |
6 Feb 2004 |
| Registered Office : |
39 Robinson Road,18-0.Singapore 068911 |
| Telephone: |
65 65361188 |
| Fax: |
65 65336133 |
| Secretary: |
Michelle Koh |
| Registrars |
Lim Associates (Pte) Ltd |
| Registrar Address |
3 Church Street,08-01
Samsung Hub
Singapore 049483 |
| Link to Internet Website |
http://www.capitacommercial.com/ |
| Auditors |
KPMG |
Background:
- CapitaCommercial Trust is a Singapore-based unit trust established with the objective of owning and investing in real estate and real estate-related assets which are income-producing and used, or predominantly used, for commercial purposes.There is no overlap with the investment mandate of CapitaMall Trust which invests in properties which are used, or predominantly used, for retail purposes. CCT owns and invests in a portfolio of Commercial Properties.The Manager seeks to produce regular and stable distributions for holders of Units (“Unitholders”) by employing a conservative capital structure with appropriate debt and equity financing strategies. It also aims to achieve long-term growth of the net asset value per Unit of CCT by, among other things:· actively implementing strategies with the objective of maximising returns from CCT’s existing commercial space; and
· selectively acquiring properties that meet the Manager’s investment criteria.As of 31 Dec 2005, CCT’s portfolio comprises eight properties, namely:-Capital Tower, 6 Battery Road,
HSBC Buidling,Starhub Centre,
Robinson
Point,
Bugis
Village, Golden Shoe Car Park and Market Street Car park – valued at over $2 billion.The Manager is an indirect wholly-owned subsidiary of CapitaLand, one of the largest listed property companies in Asia with property, hospitality as well as property-related products and services (including property and fund management services) spanning more than 70 cities around the world
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