The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

CMT posts flat DPU for Q3; negative rent reversion for first 9 mths

Gross revenue dips 0.2 per cent y-o-y to S$169.41 million for quarter ended Sept 30

Kalpana Rashiwala

Kalpana Rashiwala

Published Fri, Oct 20, 2017 · 09:50 PM
Share this article.

Singapore

REFLECTING the challenging retail market conditions, CapitaLand Mall Trust posted negative rental reversion in the first nine months of this year, even as the trust manager said it will "continue to focus on sustaining distribution per unit".

CMT reported unchanged third quarter distribution per unit (DPU) of 2.78 Singapore cents from the year-ago period.

For the three months ended Sept 30, gross revenue at Singapore's oldest real estate investment trust, dipped…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here