CapitaRetail China Trust said its first-quarter distribution per unit stood at 2.14 cents.
This was unchanged from a year ago but up almost five per cent from the previous quarter.
Distributable income in the three months ended March 31 edged up 0.26 per cent on-year to S$13.34 million.
CapitaRetail China Trust said the higher revenue is due to higher rental at Xinwu Mall and contribution from Beijing Hualian Supermarket at Xizhimen Mall.
Source : Channel NewsAsia – 23 Apr 2010
Property
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