CapitaLand Malaysia Trust (5180)

Overview

CapitaLand Malaysia Trust (CLMT) stands as a premier real estate investment trust (REIT) specializing in the long-term investment of geographically diversified income-producing real estate assets across Malaysia. Listed on the Main Market of Bursa Malaysia Securities Berhad since 16 July 2010, CLMT focuses primarily on assets used for retail, commercial, office, and industrial purposes. With a market capitalisation of approximately RM1.5 billion and a total asset value reaching about RM5.1 billion as of 31 December 2023, CLMT showcases a significant footprint in the Malaysian property market. The strategic management of CLMT is under the helm of CapitaLand Malaysia REIT Management Sdn. Bhd., a wholly owned subsidiary of the globally recognized real estate investment manager, CapitaLand Investment Limited, which holds a strong presence in Asia.

Products and Services

• Retail Properties:

CLMT boasts a portfolio of six premium retail properties, located in major urban centers across Malaysia, providing a diverse shopping and entertainment experience. These include Gurney Plaza and a significant interest in Queensbay Mall in Penang; a majority stake in Sungei Wang Plaza in Kuala Lumpur; 3 Damansara in Petaling Jaya; The Mines in Seri Kembangan; and East Coast Mall in Kuantan, Pahang. This selection of properties caters to a wide range of consumers, offering various retail options and amenities.

• Logistics Properties:

The trust also includes two strategic logistics properties: Valdor Logistics Hub and Glenmarie Distribution Centre. Valdor Logistics Hub is situated in one of Penang's key industrial zones, providing essential logistics and warehousing solutions, while Glenmarie Distribution Centre is located within the Hicom-Glenmarie Industrial Park in Shah Alam, Selangor, servicing a crucial part of the supply chain ecosystem in the region. Both assets play a vital role in supporting the logistics and distribution requirements of their tenants.