Email This Print ThisFAQs

About CMT


How is CapitaLand Limited related to CMT?
CapitaLand Limited held, through its subsidiaries, about 29.33% stake in CMT as at 15 February 2017.

What is CapitaLand Limited's rationale for holding a stake in CMT?
To demonstrate its commitment to CMT, CapitaLand Limited has retained its stake in CMT.

How many Unitholders does CMT have and who are the top ones?
Approximately 17,400 registered Unitholders owned CMT units as at 31 December 2016. CapitaLand Limited held, through its subsidiaries, 29.33% of the units in CMT, 55.79% of the units were held by other institutional investors, while retail investors constitute the remaining 14.88%. More information on the substantial Unitholders can be found on this this page.

What is CMT's distribution policy?
CMT is committed to distribute 100% of its taxable income on yearly basis.

How often does CMT pay distributions?
CMT usually pays distributions every quarter.

How often does CMT revalue its property portfolio?
The Manager of CMT usually revalues its property portfolio twice a year.

What are the fees payable by CMT?
Fees payable by CMT are as follows:

Asset management fee: Comprises base fee of 0.25% per annum of Deposited Property and a performance fee of 4.25% per annum of net property income.

Property management fee payable to the property manager: 2.00% per annum of the gross revenue of the properties, 2.00% per annum of the net property income of the properties; and 0.50% per annum of the net property income of the property, in lieu of leasing commissions.

Trustee's fee - a maximum of 0.10% per annum of the Deposited Property (subject to a minimum sum of S$15,000 per month).