Funan mall reopening helps lift CapitaLand Mall Trust's Q4 DPU by 4%

Ng Ren Jye

Published Wed, Jan 22, 2020 · 09:50 PM

Singapore

CAPITALAND Mall Trust (CMT) posted a higher distribution per unit (DPU) for the fourth quarter following the completion of its acquisition of a remaining 70 per cent interest in West-gate and the opening of its redeveloped Funan mall.

DPU for its fourth quarter ended Dec 31 was 3.11 Singapore cents, up 4 per cent from 2.99 cents a year ago, according to its bourse filing on Wednesday.