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CMT posts flat DPU for Q3; negative rent reversion for first 9 mths

Gross revenue dips 0.2 per cent y-o-y to S$169.41 million for quarter ended Sept 30

Sat, Oct 21, 2017 - 5:50 AM

Kalpana Rashiwalakalpana@sph.com.sg@KalpanaBT

Westgate (above) recorded negative rental reversion of 10.5 per cent.

PHOTO: SPH FILE

Singapore

REFLECTING the challenging retail market conditions, CapitaLand Mall Trust posted negative rental reversion in the first nine months of this year, even as the trust manager said it will "continue to focus on sustaining distribution per unit".

CMT reported unchanged third...

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