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CapitaLand China Trust reports NPI of $188.5 mil for 9MFY2022

Felicia Tan
Felicia Tan • 2 min read
CapitaLand China Trust reports NPI of $188.5 mil for 9MFY2022
CapitaMall Wangjing in China. Photo: CLCT
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CapitaLand China Trust (CLCT) has reported a net property income (NPI) of RMB970.8 million ($188.5 million) for the 9MFY2022 ended Sept 30, 7.5% higher y-o-y.

The higher NPI comes on the back of the 7.0% y-o-y growth in 9MFY2022 gross revenue of RMB1.43 billion.

According to the REIT manager, the uplift in its portfolio was attributable to the addition of new economy assets.

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