CapitaLand Mall Trust reports nil growth in 3Q 2017 DPU


CapitaLand Mall Trust has reported a distribution per unit (DPU) of 2.78 Singapore cents for its 3Q 2017, unchanged from the corresponding period of 2016.

The REIT’s gross revenue for the period fell marginally by 0.2% year-on-year to SGD169.4 million, while net property income grew by 1.6% to SGD121.4 million.

Correspondingly CapitaLand Mall Trust’s distributable income was SGD98.7 million for 3Q 2017, 0.3% higher than the S$98.4 million for 3Q 2016.

The retail REIT’s weighted average lease expiry (WALE) by gross rental income for the same period was 2.0 years.

To read the full article, please login or register.


Comments are closed.