Croesus Retail Trust Q1 DPU beats forecast

Singapore

CROESUS Retail Trust (CRT) reported an income available for distribution of 791 million Japanese yen (S$8.85 million) for Q1 FY2015 ended Sept 30, 2014, with distribution per unit (DPU) for the quarter working out to 2.08 Singapore cents.

The Japanese mall investment trust has no directly comparable financial statements for the period July 1, 2013 to Sept 30, 2013, as it was listed on May 10 last year and had obtained a waiver from the Singapore Exchange to report its first financial results for the period spanning May 10, 2013 to Sept 30, 2013.