Staff Reporter
,
Singapore
/CapitaLand India Trust
Despite the increase in NPI, the trust recorded a lower DPU of $0.0336.
CapitaLand India Trust saw its third quarter with a 13% YoY higher net property income (NPI) to $46.7m. In Indian Rupee (INR) terms.
This was driven by the higher total in property income but was off-balanced by the rise in expenses.
Year-to-date the CLINT saw its NPI climb 6% to $132.3m.
“Increased due to higher total property income, partially offset by the increase in total property expenses,” the company reported.
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