Capitaland Mall trusts 2Q DPU up 0.7%

By BERNAMA

CapitalandCapitaLand Mall Trust’s (CMT) distribution per unit (DPU) for the second quarter to June 30, 2015 (2Q 2015) rose by 0.7% to 2.71 cents from 2.69 cents a year ago.

In a statement today, CapitaLand Mall Trust Management Ltd, the manager of CMT, said this was on the back of distributable income of S$94 million (RM260.64 million) for 2Q 2015, 0.7% higher than S$93.4 million for the same quarter last year.

Distributable income for 1H 2015 rose by 2.4 per cent to S$186.9 million from S$182.5 million for 1H 2014, it said.

It said unitholders could expect to receive their 2Q 2015 DPU on Aug 28, 2015.

The book closure date is July 30, 2015.

CMT is the largest real estate investment trust by market capitalisation in Singapore of S$7.4 billion (as at June 30, 2015).