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CLCT: Posts FY2024 Net Property Income Of RMB1,219.1 Million, Supported By Stronger Retail Performance.

06 Feb 2025 10:27

Retail portfolio, CLCT's largest asset class, was boosted by a 13.7% increase in net property income of three malls post-AEI. Maintained business parks occupancy above or in line with market performance, while stabilising logistics parks portfolio despite a challenging environment. Achieved 100% occupancy for Shanghai Fengxian Logistics Park with new master-lease tenant secured in December 2024...

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Source: ShareInvestor Express