In the latest 2Q19 ended June, CCT’s distributable income rose 3.8% year-on-year to $82.4 million, as distribution per unit (DPU) grew 1.9% to 2.20 cents.
SINGAPORE (July 22): CapitaLand Commercial Trust (CCT) has benefitted from an up-cycle in the office market so far this year.
On the back of steady growth from its diversified base of Grade A office buildings, CCT saw its share price climb some 31% from $1.76 at the start of the year to a 52-week peak of $2.31 earlier this month.
