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CLCT's net property income for 3QFY2025 down 8.5% following divestment of mall to CLCR

The Edge Singapore
The Edge Singapore  • 1 min read
CLCT's net property income for 3QFY2025 down 8.5% following divestment of mall to CLCR
Rock Square in Guangzhou, one of the malls under CLCT / Photo: CLCT
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CapitaLand China Trust has reported net property income of RMB273.5 million for its 3QFY2025, down 8.5% y-o-y, due to lower gross revenue and absence of 3QFY2025 contribution from one its malls.

The CapitaMall Yuhuating was divested to CapitaLand Commercial C-REIT, which was recently listed in Shanghai.

Similarly, partly due to Yuhuating, gross revenue for CLCT in the same period was RMB416.6 million, down 8% y-o-y.

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