CapitaLand Malaysia Mall Trust Posts Net Property Income Of RM39.4 M (US$9.03 M) For 1Q 2020

May 25, 2020- CapitaLand Malaysia Mall REIT Management Sdn. Bhd., the manager of CapitaLand Malaysia Mall Trust (CMMT), announced today a net property income (NPI) of RM39.4 million for the quarter 1 January to 31 March 2020 (1Q 2020), 25.4% lower than the same period last year. This was mainly attributed to the 14-day rental waiver from 18 to 31 March 2020 granted to Affected Tenants. Distributable income for the quarter was RM20.1 million and distribution per unit (DPU) was 0.98 sen.

Read More…


Related Stories:

CapitaLand Malaysia Mall Trust Commits RM35 Million (US$8.11 Million) Of Rental Relief To Support Affected Tenants

CapitaLand Malaysia Mall Trust Posts Net Property Income Of RM202.1 M For FY 2019

Leave a Comment

Your email address will not be published.