CapitaLand Malaysia Trust Q2 2022 DPU Up 100%

July 25, 2022 – CapitaLand Malaysia Trust announced today a distributable income of RM42.0 million for the period 1 January to 30 June 2022 (H1 2022), 131.5% higher than the RM18.2 million for the same period a year ago.

H1 2022 distribution per unit (DPU) was 1.95 sen, up 126.7% year-on-year. The better performance in H1 2022 was mainly due to the recovery in retail sentiment as tenants’ businesses gradually returned to normalcy.

Mr Lui Chong Chee, Chairman of CMRM, said: “Malaysia’s retail sector continued to show recovery in 1H 2022, supported by festive spending and pent-up consumer demand. With the progressive easing of movement restrictions coupled with the reopening of international borders, we are optimistic that the sector’s recovery momentum will sustain throughout the year.”

“In 2Q 2022, CLMT marked an important milestone in its diversification strategy with the proposed acquisition of a logistics property in Penang. This will pave the way for CLMT to build a more diversified and resilient portfolio.”

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