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CapitaLand Mall Trust grows DPU despite tough market conditions

Manager says it will continue to focus on sustaining payout going forward

The increase in quarterly net property income was mainly due to higher occupancy for Bugis Junction and The Atrium@Orchard (above). CapitaLand Mall Trust has a portfolio of 16 shopping centres here, including IMM Building, Plaza Singapore, and a 40 per cent stake in Raffles City.


SINGAPORE'S first and largest retail Reit has put on a brave face amid the tougher bricks-and-mortar market.

CapitaLand Mall Trust will pay out a fourth-quarter distribution per unit (DPU) of 2.9 Singapore cents on Feb 28, the manager...

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