CCT Q3 DPU up 2.9% to 2.10 Singapore cents

Its portfolio committed occupancy rate is at 99.4%, above the market occupancy rate of 96.6%


CAPITACOMMERCIAL Trust's (CCT) distribution per unit (DPU) for the third quarter rose 2.9 per cent, from 2.04 to 2.10 Singapore cents, on the back of a 4.8 per cent jump in distributable income, from S$58.8 million to S$61.6 million.

This was computed on the assumption that none of the outstanding convertible bonds due 2015 or 2017 were converted into CCT units.

Accordingly, the actual quantum of DPU may differ if any of the convertible bonds had been converted into CCT units.

The DPU will...

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