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CICT posts 1.7% rise in H2 DPU to S$0.0545

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Vivienne Tay
Raphael Lim

Vivienne Tay &

Raphael Lim

Published Tue, Feb 6, 2024 · 08:30 AM
    • The manager attributes the improvement in performance to higher contributions from Raffles City Singapore (above) and the full-year contributions from the Reit's 2022 acquisitions.
    • The manager attributes the improvement in performance to higher contributions from Raffles City Singapore (above) and the full-year contributions from the Reit's 2022 acquisitions. PHOTO: CAPITALAND

    CAPITALAND Integrated Commercial Trust (CICT) on Tuesday (Feb 6) posted a distribution per unit (DPU) of S$0.0545 for the second half ended December, up 1.7 per cent from S$0.0536 in the previous corresponding period.

    This came as gross revenue rose, helped by higher rental and occupancy rates, which supported a rise in net property income (NPI).

    Gross revenue was up 4.1 per cent to S$785.2 million for the half-year period, from S$754.1 million in the year-ago period.

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    CapitaLand Integrated Commercial TrustFinancial resultsReitsS-Reits

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