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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
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Published Fri, Oct 20, 2017 · 09:50 PM
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 quarter distribution per unit (DPU) of 2.78 Singapore cents from the year-ago period.
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