The Mall
Funan DigitaLife Mall, Asia's leading IT shopping mall, is the one-stop haven that offers the latest, most innovative, and widest range of genuine and value-for-money IT and electronic gadgets. With credible and reliable tenants, shoppers at Funan are assured the best names at competitive prices in town without being ripped off or hassled.
With its extensive range and perfect blend of retail, restaurants and entertainment, there is something for every taste and interest! What's more, you can always stay connected with the free unlimited Wireless Internet access the mall offers. For tourists, there is even a Downtown Cash Refund counter within the mall to provide instant tax refund!
It is where the smart and savvy IT enthusiasts, both locals and tourists, can always shop with confidence.
The Owner
CapitaMall Trust (www.capitamall.com)
CapitaMall Trust (CMT) is the first Real Estate Investment Trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) in July 2002. CMT is also the largest REIT by market capitalisation and asset size in Singapore, with a market capitalisation and asset size of approximately S$5.7 billion and S$9.2 billion respectively as at 30 December 2011.
CMT owns and invests in quality income-producing assets which are used, or predominantly used, for retail purposes primarily in Singapore. As at 31 December 2011, CMT’s portfolio comprised a diverse list of more than 2,500 leases with local and international retailers and achieved an average committed occupancy of 94.8%. CMT’s portfolio comprises 16 quality retail properties which are strategically located in the suburban areas and downtown core of Singapore – Tampines Mall, Junction 8, Funan DigitaLife Mall, IMM Building, Plaza Singapura, Bugis Junction, Sembawang Shopping Centre, JCube, Hougang Plaza, Raffles City Singapore (40.0% interest), Lot One Shoppers’ Mall, Bukit Panjang Plaza (90 out of 91 strata lots), Rivervale Mall, The Atrium@Orchard, Clarke Quay and Bugis+.
In May 2011, CMT took a 30.0% stake in a joint venture to develop a prime land parcel at Jurong Gateway, marking its first foray into greenfield developments.
CMT also owns approximately 17.83% stake in CapitaRetail China Trust, the first China shopping mall REIT listed on the SGX-ST in December 2006, sponsored by CapitaMalls Asia Limited, one of Asia’s largest listed shopping mall owners, developers and managers.
CMT is managed by an external manager, CapitaMall Trust Management Limited, which is a wholly-owned subsidiary of CapitaMalls Asia Limited.
The Manager
CapitaMalls Asia (www.capitamallsasia.com)
CapitaMalls Asia Limited is one of the largest listed shopping mall developers, owners and managers in Asia by total property value of assets and geographic reach. CapitaMalls Asia has an integrated shopping mall business model encompassing retail real estate investment, development, mall operations, asset management and fund management capabilities. It has interests in and manages a pan-Asian portfolio of 100 shopping malls across 52 cities in the five countries of Singapore, China, Malaysia, Japan and India, with a total property value of approximately S$30.7 billion (HK$186.3 billion) and a total GFA of approximately 91.6 million sq ft.
Shopping malls in the portfolio include ION Orchard and Plaza Singapura – which are located in one of the world’s most famous shopping streets, Orchard Road – Raffles City Singapore and Clarke Quay in Singapore. Our landmark shopping malls in China are CapitaMall Crystal in Beijing, Hongkou Plaza in Shanghai and Raffles City Shanghai; and CapitaMall Jinniu in Chengdu. The portfolio also includes Gurney Plaza in Penang, Malaysia; Vivit Square in Tokyo, Japan; as well as Forum Value Mall in Bangalore, India.
CapitaMalls Asia’s principal business strategy is to invest in, develop and manage a diversified portfolio of real estate used primarily for retail purposes in Asia, and to strengthen its market position as a leading developer, owner and manager of shopping malls in Asia.
For more information, please contact us at Tel: (65) 6631 9931 between 10am and 6pm Mondays to Saturdays (excluding Public Holidays).
