, Singapore

CMT reveals growth battle plan for next two years

Active leasing and AEIs are key strategies.

CapitaMall Trust (CMT) will focus draw support from healthy underlying property fundamentals to drive growth for the company in the next two years, the company said during the recent SGX Sector Connect Seminar.

CMT said active lease management will play a critical role in its efforts, and that it will focus on the remaining 680 leases up for renewal in 2013. It also plans on implementing active leasing for Westgate by end-2013.

Asset enhanement initiatives are also central to CMT's plans, with assent enhancement works scheduled for Bugis Junction by 2Q 2013 with a target completion by 3Q 2014. CMT said it is also looking to explore phase 2 of IMM Building's repositioning exercise in order to house more outlets.

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Vibrant Group wins suit against Blackgold Australia
The group shall be paid damages and fees by Blackgold Australia’s ex-CEO and ex-chairman.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley