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CapitaRetail China Trust's Q1 DPU up 3.9%

Strong organic growth, CapitaMall Grand Canyon cited for performance

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.