CMC REIT Reports Steady Occupancy with Mixed Rent Performance in Q3 2025

Reuters
2025/10/30
CMC REIT Reports Steady Occupancy with Mixed Rent Performance in Q3 2025

China Merchants Commercial Real Estate Investment Trust (CMC REIT) has announced its unaudited operating statistics for the three months ended 30 September 2025. The occupancy rate at New Times Plaza increased slightly to 56.9% from 56.4% in the previous quarter, while the passing rent decreased to RMB139.2 per square meter from RMB144.6. Cyberport Building's occupancy rate stood at 85.8%, marginally down from 86.2% last quarter, with a stable passing rent of RMB127.0 per square meter. The Onward Science & Trade Center maintained an occupancy rate above 90% by offering competitive terms, resulting in a decrease in passing rent from RMB219.3 to RMB208.3 per square meter. The Garden City Shopping Centre maintained a high occupancy rate of 97.9%, with several premium brands joining the mall, and plans are in place to seek reasonable rental increases in new lease agreements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Merchants Commercial Real Estate Investment Trust published the original content used to generate this news brief on October 30, 2025, and is solely responsible for the information contained therein.

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