Stake contributions help lift CCT's Q1 DPU
Trust still looking for tenant for CapitaGreen's top floor
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
A MAIDEN contribution from its stake in CapitaGreen and a higher one from its stake in Raffles City Singapore gave a boost to distributions for CapitaLand Commercial Trust (CCT) in the first quarter, helping to make up for a dip in earnings from the trust's wholly owned assets.
This comes as the trust continues to look for a tenant for the top floor of CapitaGreen, a Grade A office tower in the central business district that was completed in late 2014 on the former Market Street Car Park site.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
