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CCT says negative rent reversion may hit growth
Published Thu, Apr 18, 2019 · 09:50 PM
Singapore
CapitaLand Commercial Trust (CCT) on Thursday posted a 3.8 per cent increase in distribution per unit (DPU) to 2.2 Singapore cents for its first quarter ended March 31, 2019, up from 2.12 cents paid out a year ago.
This came on the back of a 8 per cent rise in distributable income to S$82.7 million, mainly due to better performance of the trust's portfolio as well as its distrib…
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