In a Monday report, DBS Group Research says CMT’s share price should re-rate on prospects of record DPUs in FY19-20 as earnings growth returns to an upward trajectory of 4% p.a. vs SREIT’s average of 2%.
SINGAPORE (Sept 10): CapitaLand Mall Trust (CMT) has been a safe harbour for investors and is starting to emerge as a growth play.
And as the retail sector bottoms out, 2019 could be a chance for CMT to shine as full contributions from Westgate and the return of Funan takes DPU back on a multi-year growth path.
