Malaysia-listed Commercial REIT Quill Capita Trust (QCT) has announced a DPU of 4.1 Malaysian sen for its reporting period of 1 January to 30 June 2013. The DPU announcement comes on the back of a net income of RM8.9 million, resulting in earnings per unit of 2.28 sen for its 2Q13.
|Quill Capita Trust currently has a portfolio of 10 properties across Malaysia. Photo : Quill Capita Trust|
The numbers represent a decline of 2.84 percent when compared to the same period in 2012 and has come about despite QCT seeing higher rental contribution from several of its properties and savings from financing costs.
Quill Capita Trust is a joint venture between Malaysian companies Quill Resources Holding & Coast Capital and Singapore-based Capitaland. The REIT was established in 2006 with the objectives of owning income producing real estate in Malaysia with high-growth potential.
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