CapitaLand Retail China Trust's Q4 DPU slips 3.3% to 2.34 S cents

Fresh property news selection on February 07. 2020, Friday.

Today's news selection contains the latest real estate related stories. Do you own a real estate/property/finance blog or news site? Send the URL to news@agent.sg so our editors can use them as sources.


Capitaland Retail China Trust (CRCT) on Friday posted a distribution per unit (DPU) of 2.34 Singapore cents for the fourth quarter ended Dec 31, down 3.3 per cent from 2.42 cents a year ago.

This was partially due to an enlarged unit base in Q4 2019 following a private placement and preferential offering in August and September 2019 respectively.

The year-ago DPU of 2.42 cents had also included a capital distribution which arose from a gain from divesting the stake in a company which held CapitaMall Anzhen. Excluding this capital distribution, DPU in Q4 2018 was 2.34 cents, the same as the latest DPU for Q4 2019.

Meanwhile, gross revenue for Q4 2019 grew 23.5 per cent to 347.2 million yuan (S$69.1 million) from 281 million yuan a year ago.

Read the full article here »


Freshest Real Estate News from Singapore


Useful stories related Singapore


Three-bedroom Apartment Plans


DIY Furniture Renovate


Previous news selection

Co-living firm Hmlet adds Tiong Bahru properties to collection


Guest blogging

Are you an aspiring writer and especially interested in real estate? Become a Guest Blogger here, on Agent.sg. Choose a topic which suits your field of expertise and our profile as well, then create your blog post and send it to our email address news@agent.sg. For more information, visit our Guest Blogging Subpage.

About Agent.sg Daily Property News Selection

Agent.sg's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.

Contribute

If you also want to share an amazing article that you come across and it fits in the real estate / economy topics, just let it us know in e-mail. We don't guarantee to publish all, but we will some of them for sure. If you want us to bring out your own article, please contact us at news@agent.sg. Some references would also be highly welcome to send us from among your previous publications.

Advertise

Are you looking for some online distribution channels? You find one. Haven't you found a place for your traditional means of advertisement, like PR article or display banner? You've never been so close, just e-mail us at news@agent.sg and our colleague will get in touch with you.