China Merchants Commercial Real Estate Investment Trust (CMC REIT) has announced its unaudited operating statistics for the three months ended 31 December 2025. During the quarter, New Times Plaza’s office occupancy rate increased to 66.1% from 56.9% as at 30 September 2025, while the passing rent rose to RMB141.9 per square metre from RMB139.2. Cyberport Building’s occupancy rate declined to 79.4% from 85.8%, with passing rent decreasing to RMB125.2 per square metre from RMB127.0. Technology Building’s occupancy rate fell to 72.8% from 79.4%, while passing rent increased to RMB146.4 per square metre from RMB140.0. The changes in occupancy rates were primarily attributed to lease expiries and the scaling back of operations by a major tenant. Garden City Shopping Centre maintained steady operational performance with increased foot traffic and sales during the year-end peak season. The REIT Manager stated that individual vacancy reduction plans will be formulated for affected properties to facilitate occupancy recovery.

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 via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260127-12002063), on January 27, 2026, and is solely responsible for the information contained therein.