CapitaLand Mall Trust raises Q2 DPU by 3.9% on higher Westgate contribution
CEO says Funan has encouraging opening; to contribute from H2 onwards
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Singapore
CAPITALAND Mall Trust (CMT) raised its second-quarter distribution per unit (DPU) by 3.9 per cent on the back of full contribution from recently acquired Westgate mall.
DPU for the three months ended June 30 will be 2.92 Singapore cents, from 2.81 cents for the year-ago period, according to first-half financial results released by Singapore's largest mall owner on Tuesday.
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