Capitaretail China Trust

Capitaretail China Trust: (S$1.61) Acquisition to ride on West China's growth- Acquiring Galleria, a mature retail mall in Chengdu, China, to latch on the city's high GDP growth.- The fully occupied asset will be purchased at market price of Rmb1.54b ($313.9m), or NPI yield of 5.4%. - The accretive acquisition will mainly be debt-funded (90%), with the remaining in cash. This is expected to raise CRCT's aggregate leverage ratio from 29% to 37%, on a FY15 pro forma basis.- Based on the pro forma FY15 DPU of 10.94¢, CRCT is trading at an implied yield of 6.8%, just above other retail REITs average of 6.7%.