CapitaRetail China Trust ready for asset growth; Q4 DPU up 12.7%
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CAPITARETAIL China Trust (CRCT) is now "geared for growth" where acquisitions are concerned, after reporting a 12.7 per cent year-on-year rise in distribution per unit (DPU) to 2.48 Singapore cents in the fourth quarter on the back of an overall strong portfolio income.
Tony Tan, chief executive officer of the Reit manager, said on Thursday that there are already some potential targets on the table, as owners become increasingly willing to sell their assets.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
