SUBSCRIBERS

Brokers' take

Published Mon, May 27, 2019 · 09:50 PM

CapitaLand Mall Trust (CMT) | Buy (upgraded) May 27 close: S$2.45 Target price: S$2.65 UOB Kay Hian, May 27

CMT is a prime beneficiary of growth from the Jurong Lake District (JLD) as Singapore's second central business district. JLD comprises commercial hub Jurong Gateway and leisure precinct Lakeside.

CMT owns three retail malls IMM Building, JCube and Westgate located within Jurong Gateway and adjacent to Jurong East MRT station, which in aggregate currently accounts for 20 per cent of CMT's portfolio valuation.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here