Brief: Capitaland Integrated Commercial Trust Declares HY DPU Of 5.45 SG Cents

CapitaLand Integrated Commercial Trust

06/02/2024 24:33

Feb 6 (Reuters) - CapitaLand Integrated Commercial Trust
 CMLT.SI :
    * DECLARES HY DPU OF 5.45 SG CENTS
    * IN 2024, OUR FOCUS REMAINS ON OPTIMISING OUR PORTFOLIO FOR
GROWTH
    * HY GROSS REVENUE S$785.2 MILLION VERSUS S$754.1 MILLION
    * 2H2023 NET PROPERTY INCOME S$563.6 MILLION VERSUS S$541.7
MILLION
    * TAKEN PROACTIVE MEASURES TO ADDRESS HEADWINDS IN AUSTRALIA
AND
GERMANY MARKETS
    * STORE FIT-OUTS TARGETING TO BE IN OPERATIONS BY 2Q 2024
    * LIMITED NEW SUPPLY OF RETAIL AND OFFICE SPACES IN SG OVER
MEDIUM
TERM TO CONTRIBUTE TO SUSTAINED DEMAND

Source text for Eikon:  ID:nSN8Fjb1c 
Further company coverage:  CMLT.SI 

 ((Reuters.Briefs@thomsonreuters.com;))