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CapitaRetail China Trust's Q1 DPU up 3.9%

Strong organic growth, CapitaMall Grand Canyon cited for performance

Published Thu, Apr 24, 2014 · 10:00 PM
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FOR the first quarter of this year ended March 31, CapitaRetail China Trust (CRCT) marked a 3.9 per cent increase in distribution per unit (DPU) to 2.4 cents, due mainly to new contribution from CapitaMall Grand Canyon, as well as stronger tenant sales and rentals in its existing malls.

This translates to an annualised yield of 6.7 per cent based on the closing price of units …

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