Sunday, January 29, 2012

Strong Q4 showing by CapitaRetail China Trust

Straits Times: Sat, Jan 28
CONTRIBUTIONS from one of its thriving Chinese malls and higher revenue from other assets have helped boost CapitaRetail China Trust's (CRCT) fourth-quarter results.

Distributable income grew 21 per cent to $15.7 million for the three months to Dec 31,while gross revenue rose 20.8 per cent to $36.4 million.

CRCT owns nine shopping malls in six Chinese cities, including the CapitaMall Minzhongleyuan in Wuhan, acquired last June...

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