Capitaland retail china trust released their quarterly results on 27 July 2017, and reception by analysts have been good. On most fronts, there has been an improvement in performance, on a portfolio aggregate basis and at the individual property.

Here are three main takeaways that investors should know from the result briefing.

Gross revenue, net property income and distributable income are all up both on a quarterly and half yearly basis.

Implies: Growth is on an uptrend since both quarterly and half yearly results have turned in well.

All properties in the portfolio except for Qibao and Wuhu registered growth in revenue, driven by strong rental reversion this quarter.

Going forward, expect revenue, net property income and distributable income to moderate slightly. This quarter’s figures at the high teens level is likely not sustainable, given it is much higher than China’s GDP growth and inflation rates.

Even if there is