WHEN the first Singapore real estate investment trust (S-Reit), CapitaLand Mall Trust (CMT), was floated nearly 18 years ago, it soon became a stock market darling - rewarding unitholders with not only regular distributions from rental income but also attractive appreciation in unit prices. ...

SINGAPORE (May 4): The temporary closure of entertainment and non-essential retail outlets, which has hit CapitaLand Mall Trust (CMT) hard, has prompted a mixed view from analysts. Last week, CMT reported its distribution per unit (DPU) plunged 70.5% y-o-y to 0.85 cent in the 1Q FY20. This has impa...

Submitted By:  Staff Reporter Case Study:  No But DPU is 70.5% lower as CMT retains part of taxable income to brace for pandemic’s impact. CapitalLand Mall Tr...

CAPITALAND Mall Trust (CMT) has entered cash-conservation mode amid the volatility of Covid-19, leading to a 70.5 per cent fall in distribution per unit (DPU) to 0.85 cent for the first quarter ended March.

CAPITALAND Mall Trust (CMT) has entered cash-conservation mode amid the volatility of Covid-19, leading to a 70.5 per cent fall in distribution per unit (DPU) to 0.85 cents for the first quarter ended March.

SINGAPORE (Apr 30): The manager of CapitaLand Mall Trust (CMT) has reported distribution per unit (DPU) of 0.85 cent for 1QFY2020 ended March, some 70.5% lower than PDU of 2.88 cents last year.  This comes as the group grapples with an increasingly difficult operating environment on the back of th...

SINGAPORE (Apr 15): Although retail REITs have not been immune to the global market sell-off, experts believe that near-term disruptions from the Covid-19 outbreak have already been priced in.  In particular, CGS-CIMB Research believes that CapitaLand Mall Trust’s (CMT) valuations have already p...

SINGAPORE (Apr 2): While the government’s proposed Covid-19 (Temporary Measures) Bill is likely to alleviate the financial pressure on local tenants, analysts are wary of the adverse impact this could have on the performance of Singapore REITs (S-REITs).  The iEdge S-REIT 20 Index fell sharply o...

SINGAPORE (Mar 31): Real estate investment trusts in the retail space could see a huge dent in their distribution per unit (DPU) for FY2020 as a result of Covid-19 and the, according to CGS-CIMB Research. This comes after Singapore issued an advisory urging its residents to avoid making any non-ess...

SINGAPORE (Mar 5): CapitaLand Mall Trust (CMT) has seen its share price slide on concern over the novel coronavirus (Covid-19) outbreak in Singapore. From its year-to-date peak of $2.62 on Jan 24 – a day after the first confirmed case in Singapore – the counter fell 13.4% to close at a 52-week ...