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

Reuters
2025.10.30 14:25
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China Merchants Commercial Real Estate Investment Trust (CMC REIT) reported its Q3 2025 operating statistics, showing a slight increase in occupancy at New Times Plaza to 56.9%, despite a decrease in passing rent to RMB139.2 per square meter. Cyberport Building's occupancy fell to 85.8% with stable rent at RMB127.0. The Onward Science & Trade Center maintained over 90% occupancy but saw a drop in rent to RMB208.3. The Garden City Shopping Centre achieved a high occupancy of 97.9% and plans to pursue reasonable rent increases in new leases.