This post came a bit late as I place my priorities reviewing other REITs. I have been holding on to CapitaMall Trust for 5 years and I have less worries about its performance. Its strategic location of its assets (near to MRT stations) gave me the confidence about CapitaMall Trust.
CapitaMall Trust announces its results on 22nd January 2016. A
higher Distribution Per Unit (DPU) of 2.88 cents was announced for Q42015 which is 0.7% increase as compared to 2.86 cents in Q4FY14. Based on CapitaMall Trust closing price of S$1.960 per unit on 21 January 2016, the
distribution yield is 5.83%.
Net Property Income is up 18.6% as compared to 4Q2014.
|
4Q2015
(S$’000) |
4Q2014
(S$ ‘000) |
YoY(%) |
| Gross Revenue |
180,380 |
165,202 |
9.2 |
| Net Property Income |
125,697 |
105,954 |
18.6 |
| Distributable Amount |
101,894 |
99,112 |
2.8 |
| Distribution Per Unit (“DPU”) (cents) |
2.88 |
2.86 |
... |
...
