CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010. CLMT's investment objective is to invest, on a long-term basis, in a geographically diversified portfolio of income-producing real estate assets across Malaysia that are used primarily for retail, commercial, office and industrial purposes. As at 31 December 2023, CLMT has a market capitalisation of approximately RM1.5 billion with a total asset value of approximately RM5.1 billion.
CLMT's portfolio of quality assets comprises six retail properties and two logistics properties with a total net lettable area of 4.3 million square feet. Its retail properties are strategically located across three key urban centres: Gurney Plaza and a significant interest in Queensbay Mall in Penang; three in Klang Valley - a majority interest in Sungei Wang Plaza in Kuala Lumpur; 3 Damansara in Petaling Jaya; and The Mines in Seri Kembangan; and East Coast Mall in Kuantan, Pahang. CLMT's logistics properties include Valdor Logistics Hub, located in one of Penang's key industrial hubs, and Glenmarie Distribution Centre, located within Hicom-Glenmarie Industrial Park in Shah Alam, Selangor.
CLMT is managed by CapitaLand Malaysia REIT Management Sdn. Bhd., a wholly owned indirect subsidiary of CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold. MTrustee Berhad is the trustee for CLMT.Notes:
To be Malaysia's leading diversified real estate investment trust through value creation and continuous innovation
To deliver long-term and sustainable distribution of income and potential capital growth to Unitholders
Deliver sustainable total returns
Create profitable opportunities
Create delightful shopping and lifestyle experiences
Provide opportunities to realise personal potential and achieve professional growth
Promote environmental sustainability, social responsibility and good corporate governance