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CRCT slashes rents at Beijing mall for two 'lifestyle' concepts

Bookstore concept with a cafe and textile retailer will create buzz so people stay longer: CEO of Reit manager

Mr Tan says the Reit's results are respectable if one excludes the impact of the weaker yuan and the property tax basis change for Beijing properties.


A WEAKER Chinese yuan and a higher property tax led to China retail mall play CapitaLand Retail China Trust (CRCT) reporting dimmer results for its fourth quarter and full year ended Dec 31, 2016.

But what caught the attention of analysts at CRCT's results briefing on...

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