CapitaLand Mall Trust, Singapore’s first and largest retail REIT has recently announced a decent set of 1Q2018 financial results. I shall not dwell too much into its financial results as you can judge them yourself based on the results below but all I can say is that I am happy to see Distribution Per Unit (“DPU”) increase by 1.8%.
CapitaLand Mall Trust currently makes up 12% of my stock portfolio and I am excited to receive higher dividends quarter on quarter.
|Net Property Income||125,651||120,060||4.7%|
|Distribution Per Unit (“DPU”) (cents)||2.78||2.73||1.8%|
On top of the release of its 1Q2018 financial results, the manager has recently announced the sale of one of their asset, Sembawang Shopping ...