CapitaLand China Trust · SGX:AU8U

CapitaLand China Trust — CapitaRetail China Trust — Shareholder Meeting (April 2014)

24 slides from CapitaLand China Trust's shareholder meeting presentation, Apr 16, 2014

  1. Slide 1: Annual General Meeting 2014

    Annual General Meeting 2014 16 April 2014 0 Annual General Meeting 2014 *16 April 2014*

  2. Slide 2: Programme Schedule

    Programme Schedule Time Programme 2.30 p.m. Short welcome message Introduction of Chairman of Meeting and Directors Management presentation 2.45 p.m. AGM commences 3.00 p.m. Voting by poll commences 3.15 p.m.  Voting by poll  Break for Counting of votes 3.45 p.m. Re-commencement of AGM for declara

  3. Slide 3: Disclaimer

    Disclaimer This presentation may contain forward-looking statements that involve assumptions, risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumpti

  4. Slide 4: Contents

    Contents  Business Highlights  Financial Highlights  Corporate Social Responsibility  Going Forward  2014 AGM 3 Annual General Meeting 2014 *16 April 2014*

  5. Slide 5: Business Highlights

    Business Highlights 4 Annual General Meeting 2014 *16 April 2014* CapitaMall Xizhimen, Beijing, China

  6. Slide 6: Laying the Foundations for Growth

    Laying the Foundations for Growth Discipline execution of our three-pronged strategy 1. Enhancing 2. Create new 3. Capitalising organic growth value through on yield through asset accretive proactive asset enhancement acquisition management strategies 5 Annual General Meeting 2014 *16 April 2014*

  7. Slide 7: Strong & Resilient Growth through Proactive Asset Management

    Strong & Resilient Growth through 1 Proactive Asset Management • Consistently high portfolio occupancy of 98.2% • Achieved healthy portfolio rental reversion of 13.8%1 • Shopper traffic increased 5.4%2 y-o-y • Tenants’ sales grew 9.2%2 y-o-y 1. Excluding CapitaMall Grand Canyon. 2. Includes only ten

  8. Slide 8: Optimising Returns: CapitaMall Qibao

    Optimising Returns: CapitaMall Qibao • Recovered 3,000 sq m of prime area at L1  Reconfigured to a F&B zone  Popular restaurant chain, Sizzler, Bifengtang (避 风塘) and Saizeriya (萨莉亚) have already commenced operations in 3Q/4Q 2013  >30% increased in rental 7 Annual General Meeting 2014 *16 April 2

  9. Slide 9: Unlocking Values: CapitaMall Qibao

    Unlocking Values: CapitaMall Qibao • Strengthened mall positioning through a series of tenant adjustments  Widened the selection of F&B and introduced kid’s zone with varied edutainment  Occupancy increased from 82.1% in end-2009 to 97.1% in end-2013  Shopper traffic increased 32.2% from 8.7 mil

  10. Slide 10: Creating New Value through Asset Enhancement Initiative

    Creating New Value through Asset 2 Enhancement Initiative • Successfully transformed from master-leased to multi-tenanted mall  A leading destination in Huhhot  Consistently high committed occupancy of >97% since 2010  NPI growth of >30% for the past 3 years  Strong property yield growth, from 2

  11. Slide 11: Building for the Future: CapitaMall Minzhongleyuan

    Building for the Future: CapitaMall Minzhongleyuan • Closed CapitaMall Minzhongleyuan temporarily in July 2013, on schedule to reopen in 2Q 2014 • Enhance overall image, improve layout and refresh tenant mix • Investment cost of ~RMB103 mil; target incremental ROI at 10% Repainted Façade 10 Annual G

  12. Slide 12: Building for the Future: CapitaMall Minzhongleyuan

    Building for the Future: CapitaMall Minzhongleyuan • ~71% leased and under advance negotiation • Brands committed and under advance negotiation include Starbucks, Swatch, Adidas, Paul Frank and etc Replaced Atrium Roof 11 Annual General Meeting 2014 *16 April 2014*

  13. Slide 13: Capitalising on Yield Accretive Acquisition

    Capitalising on Yield Accretive 3 Acquisition Strengthening Foothold: CapitaMall Grand Canyon • A quality addition with immense potential • Completed acquisition of our 10th mall on 30 Dec 2013, FY 2014 will be the first full year contribution • Achieved higher occupancy of 95.9% from 92.7% • >100%

  14. Slide 14: Financial Highlights

    Financial Highlights 13 Annual General Meeting 2014 *16 April 2014* CapitaMall Wangjing, Beijing, China

  15. Slide 15: Delivering Sustainable & Resilient Growth

    Delivering Sustainable & Resilient Growth • Achieved respectable returns despite temporary closure of CapitaMall Minzhongleyuan in July 2013  Gross revenue 4.9% to S$160.1 mil  Net property income 3.4% to S$103.0 mil  Distributable income 4.9% to S$70.1 mil  Total DPU for FY2013: 9.02cents 14 An

  16. Slide 16: Strategic Capital Management

    Strategic Capital Management • Raised S$59 mil through Preferential Offering; 1.8 times subscribed • Conserve cash through our Distribution Reinvestment Plan (DRP)  1H 2013 DRP participation rate: 24.8%  2H 2013 DRP participation rate: 41.9% • Comfortable gearing level at 32.6% • Average cost of d

  17. Slide 17: Corporate Social Responsibility

    Corporate Social Responsibility 16 Annual General Meeting 2014 *16 April 2014*

  18. Slide 18: Giving Back to the Community

    Giving Back to the Community • Participated in “My Schoolbag” for the 4th consecutive year  Distributed new schoolbags and stationery to underprivileged students • Supported “Earth Hour” by turning off façade and non-essential lights for 10 hours • Other activities include:  Held “live” unplugged

  19. Slide 19: Green Initiative: CapitaMall Qibao

    Green Initiative: CapitaMall Qibao • First and only rooftop farm on a long term basis • Promote environmental friendly activity to schools and families • Cultivate love for nature among children 18 Annual General Meeting 2014 *16 April 2014*

  20. Slide 20: Going Forward

    Going Forward 19 Annual General Meeting 2014 *16 April 2014* CapitaMall Qibao, Shanghai, China

  21. Slide 21: Propelling Forward

    Propelling Forward • Well positioned for a consumption driven economy  Continued emphasis on quality growth and social stability (jobs creation and employment)  Maintained its 2014 GDP and retail sales targets at 7.5% and 14.5% respectively • Paved the way for future growth in 2013 • Entered 2014

  22. Slide 22: 2014 Annual General Meeting

    2014 Annual General Meeting 21 Annual General Meeting 2014 *16 April 2014* CapitaMall Grand Canyon, Beijing, China

  23. Slide 23: Resolutions

    Resolutions Resolution 1: To receive and adopt the Trustee’s Report, the Manager’s Statement, the Audited Financial Statements of CRCT for the financial year ended 31 December 2013 and the Auditors’ Report thereon. (Ordinary Resolution) Resolution 2: To re-appoint KPMG LLP as Auditors of CRCT and to

  24. Slide 24: Thank You

    Thank You 23 Annual General Meeting 2014 *16 April 2014*

CapitaRetail China Trust — Shareholder Meeting (April 2014) on 6ix