CapitaLand India Trust - OCBC Investment 2024-03-19: Riding The Wave Of India’s Growth

• 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

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Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2025-04-25 CapitaLand India Trust - Eye On The Prize; Focus On Shoring Up Growth Pipeline.

Previous report by OCBC:
2025-01-28 CapitaLand India Trust - Mixed Results, Positive Trajectory.

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 Dividend Payout Dates & Corporate Actions,
CapitaLand India Trust News