You are here

CMT's DPU up 1.3% to 3.1 cents as funds retained in H1 are released for distribution

BT_20201023_CMT_4295568.jpg
There has been "steady recovery" in the operational performance of CMT malls and the broader market since Singapore's Phase 2 reopening, Tony Tan, chief executive of CMT's manager, said.

Singapore

CAPITALAND Mall Trust's (CMT) distribution per unit rose 1.3 per cent to 3.1 Singapore cents for its third quarter ended Sept 30, from 3.06 cents a year ago.

The distribution for Q3 2020 included the release of S$36.4 million, or about 78 per cent of the S$46.4 million of...

BT is now on Telegram!

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