But property operating expenses decreased 4.2% to $48 million from $50.2 million last year, mainly due to lower property tax and utilities expenses.
SINGAPORE (Oct 20): The manager of CapitaLand Mall Trust (CMT) has announced a 3Q17 distribution per unit (DPU) of 2.78 cents, unchanged from a year ago.
For the three months to Sept, gross revenue declined 0.2% to $169.4 million from $169.7 million in 3Q16, mainly due to lower rental achieved for Bedok Mall, Plaza Singapura and Junction 8.
