Wednesday, November 5, 2014

Capita Retail China

Capita Retail China (CRCT): saw a slight dip in occupancy, but tenant sales and footfall remain strong, with rental reversions tracking at an impressive 22%. CRCT's comp retail sales across its portfolio at 16% is outperforming the China national average of 12%. Leverage at 31% provides ~S$570m of headroom for acquisitions.

No comments:

Post a Comment