CapitaLand India Trust Net Property Income Up 10% in Q3

MT Newswires

10/31

CapitaLand India Trust's (SGX:CY6U) net property income rose 10% in the third quarter to SG$58.6 million from SG$53.0 million a year earlier, according to a Friday filing with the Singapore Exchange.

Total property income was up 10% year over year to SG$76.0 million from SG$68.8 million, due to higher income from existing properties.

The trust booked a stable occupancy of 91% as of Sept. 30.

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