pstrongThe firm’s distributable income also improved, rising 69.8% in 1Q24./strong/p pCapitaLand Malaysia Trust (CLMT) reported a distribution per unit (DPU) of 1.19 sen ($0.0106) in 1Q24, translating to a 36.8% YoY increase. /p pIn the same period, distributable income rose 69.8% to RM33.6m ($301,795) from RM19.8m ($177,903) in 1Q23.
CapitaLand Malaysia Trust reported a distribution per unit of 1.19 sen in 1Q24, translating to a 36.8% YoY increase. Net property income for the first quarter of 2024 reached RM64.0m , a 63.0% increase from 1Q23.
Meanwhile, CLMT’s gross revenue also grew 42.5% YoY to RM111.9m in 1Q24 due to the full quarter revenue contribution from Queensbay Mall, higher occupancies, and positive rental reversions.Tenant sales per sq ft also grew 16.0% YoY, and shopper traffic on a same-store basis increased by 8.6% YoY....there are many ways you can work with us to advertise your company and connect to your customers.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
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