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CapitaMall Trust's Q1 DPU rises 4.3%

The portfolio registered an occupancy rate of 97.2% as at March 31, down from 98.8% as of end-2014 due mainly to a drop in occupancy at Clarke Quay


BUOYED by strong tenant sales, CapitaMall Trust reported distribution per unit (DPU) of 2.68 Singapore cents for its first quarter ended March 31, 2015, up 4.3 per cent from 2.57 cents a year ago.

Distributable income for the quarter grew 4.2 per cent to S$92.9 million.