CapitaLand India Trust's DPU Rises 9% in H1; Shares Up Nearly 3%

MT Newswires
07/30

CapitaLand India Trust's (SGX:CY6U) distribution per unit or DPU for the first half of the year was up 9% to SG$0.0397 from SG$0.0364 a year earlier, according to a filing with the Singapore Exchange on Wednesday.

Income available for distribution rose 10% to SG$59.6 million from SG$54.1 million.

Net property income rose by 10% to SG$113.6 million from SG$103.5 million a year earlier. Meanwhile, total property income was up 10% year over year to SG$149.3 million from SG$136.1 million.

The trust booked a committed portfolio occupancy of 90% as at June 30.

Shares of the trust were up nearly 3% at market close.

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