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Q2 DPU for CRCT up 0.4%

Trust to sell entire stake in mature master-leased CapitaMall Anzhen in Beijing for S$232m to unlock value
Friday, July 28, 2017 - 05:50

BT_20170728_YINCRCT28_3006401.jpg
CapitaLand Retail China Trust has a stable of properties in China's Tier 1 and Tier 2 cities, including CapitaMall Xinnan in Chengdu (above), the most recently acquired mall by the trust in China.

Singapore

CONTRIBUTION from its most recently acquired CapitaMall Xinnan in Chengdu gave a lift to CapitaLand Retail China Trust's (CRCT) results for the second quarter.

However, additional tax provision for Beijing malls due to a change from cost to revenue basis effective July 1

sentifi.com

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