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%
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Singapore
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.
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