CMT's Q3 net property income slips; DPU up 9.6%

Singapore

SLOWING rental reversions and a recent minor run-up in price for CapitaLand Mall Trust (CMT) may have been on investors' minds on Thursday even as the trust posted a higher third-quarter distribution per unit (DPU).

After having climbed steadily over the past few weeks from around S$1.90 at the end of September to S$2.05 on Wednesday, CMT units slipped two Singapore cents to S$2.03 on Thursday after reporting its results before the market's o…