Trust Structure
- The Manager holds a Capital Markets Services Licence issued by the Securities Commission of Malaysia for the regulated activity of fund management in relation to asset management restricted to real estate investment trust.
- Knight Frank Property Management Sdn. Bhd. manages Gurney Plaza; CLMT's interest in Queensbay Mall; East Coast Mall; 3 Damansara Property; The Mines and Valdor Logistics Hub.
- Nexcap Property Consultants Sdn. Bhd. (formerly known as Zaharin Nexcap Property Consultants Sdn. Bhd.) only manages CLMT’s interest in Sungei Wang Plaza.
- CLMT's interest in Queensbay Mall comprises 91.8% of the total strata floor area of retail parcels and 100% of the car park bays.
- CLMT's interest in Sungei Wang Plaza comprises (i) 205 strata parcels within the mall which represents approximately 61.9% of the aggregate retail floor area, and (ii) 1,298 car park bays which comprise 100% of the car park bays.
- Refers to 3 Damansara and 3 Damansara Office Tower. MTrustee Berhad, as trustee of CLMT, had on 5 September 2023 entered into an unconditional sale and purchase agreement for the disposal of 3 Damansara Office Tower (“Proposed Disposal”). Barring any unforeseen circumstances, the Proposed Disposal is expected to be completed by 1Q 2024.
- Glenmarie Distribution Centre is undergoing retrofitting process, hence, a property manager will be appointed upon the commencement of the lease in 2024.
