CapitaMall Trust announced its 3Q2017 financial results today. I am pleased that CapitaMall Trust manage to maintain its Distribution Per Unit of 2.78 cents which is the same as 3Q2016. This is despite gross revenue actually fell by a minor of 0.2% for 3Q2017 as compared to the same quarter in 2016.
In my previous post, I wrote about the resiliency of CapitaMall Trust and till date, my opinion still holds. Almost every retail REIT listed on the Singapore Exchange is facing the economic headwinds and suffering from the impact of the growing popularity of online shopping. The fact that CapitaMall Trust is able to almost maintain its DPU was a pleasant surprise for me. Read More