- CapitaLand India Trust (SGX:CY6U) is a property trust that operates in the fastest growing emerging market, India, as the first listed Indian property trust established in Asia.
Anticipate positive surprises despite current setbacks
- - Read this at SGinvestors.io -
- Additionally, distributable income decreased by 10% mainly due to higher net financing costs, resulting from increased borrowings to fund acquisitions and developments (e.g. Tamil Nadu solar plant and DC) in a high interest rate environment. As a result, full year distribution per unit (DPU) fell 21% from 8.19 Singapore cents to 6.45 Singapore cents, or a 12% decrease after excluding the impacts from equity fund raising during the year.
- - Read this at SGinvestors.io -
Uncapped potential ahead of tailwinds
- Read more at SGinvestors.io.
Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.
Donavan Tan OCBC Investment Research | https://www.iocbc.com/ 2024-03-19
Price targets by other brokers at CapitaLand India Trust Target Prices.
Listing of research reports at CapitaLand India Trust Analyst Reports.
Relevant links:
CapitaLand India Trust Share Price History,
CapitaLand India Trust Announcements,
CapitaLand India Trust Dividends & Corporate Actions,
CapitaLand India Trust News Articles
