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Q2 DPU for CRCT up 0.4%

Trust to sell entire stake in mature master-leased CapitaMall Anzhen in Beijing for S$232m to unlock value

Published Thu, Jul 27, 2017 · 09:50 PM
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CONTRIBUTION from its most recently acquired CapitaMall Xinnan in Chengdu gave a lift to CapitaLand Retail China Trust's (CRCT) results for the second quarter.

However, additional tax provision for Beijing malls due to a change from cost to revenue basis effective July 1, 2016, partially dampened that shine.

CRCT's distribution per unit (DPU) for the three month…

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