Published:
CapitaRetail China Trust’s net property income up 30.1% to $33.5m in Q4
On back of higher tenant sales.
CapitaRetail China Trust reported that its net property income jumped 30.1% year-on-year to $33.5m in the fourth quarter, driven by a robust 16.2% growth in tenant sales.
On a full-year basis, CRCT’s net property income grew 28.5% to $132.4m in FY14.
Its DPU grew by 12.7% on-year to 2.48 S cents on the back of a 27.7% increase in its gross revenue to S$52.7m.
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