CMT's rental reversion keeps sliding
Trust posts flat DPU of 2.88 Singapore cents for Q4 FY2016
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Singapore
THE latest report card of CapitaLand Mall Trust (CMT), Singapore's oldest real estate investment trust (Reit), reflects the challenging retail market conditions.
That said, the trust managed to maintain fourth-quarter distribution per unit (DPU) at 2.88 Singapore cents. DPU for FY2016 slipped 1.1 per cent to 11.13 Singapore cents.
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