You are here

CCT to start reaping distributable income from CapitaGreen only next year

Property is 76.4% leased and is targeted for full occupancy by end-2015; CCT's Q1 DPU up 3.9% at 2.12 Singapore cents

BT_20150423_KRCCT23_1631966.jpg
Rents achieved for leases signed at CapitaGreen from Jan 1-April 21 ranged from S$12-16 psf a month

Singapore

CAPITACOMMERCIAL Trust's 40 per cent owned CapitaGreen office development completed late last year is 76.4 per cent leased but is expected to start contributing to the trust's distributable income only next year.

A few of the tenants have begun operations in the building...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes