China Merchants Commercial REIT Reports Higher Occupancy at New Times Plaza and Onward Science & Trade Center
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China Merchants Commercial Real Estate Investment Trust (CMC REIT) reported its operating statistics for Q4 2025. New Times Plaza's office occupancy rose to 66.1%, while Cyberport Building and Technology Building saw declines in occupancy rates. The changes were mainly due to lease expiries and a major tenant's operational scaling back. Garden City Shopping Centre performed steadily with increased foot traffic. The REIT Manager plans to implement vacancy reduction strategies for affected properties.
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