SINGAPORE (July 22): The manager of CapitaLand Mall Trust (CMT) reported distribution per unit (DPU) of 2.11 Singapore cents (6.49 sen) for the second quarter ended June 30, 2020 (2QFY20), some 27.7% lower than the DPU of 2.92 cents a year ago.

This brought DPU for the first half ended June 30, 2020 (1HFY20) to 2.96 cents, a 49% decline from last year’s DPU of 5.8 cents.

Distributable income for 2QFY20 fell 27.5% year-on-year (y-o-y) to S$78.1 million, while distributable income for 1HFY20 fell 48.7% y-o-y to S$109.7 million ... (click on link for full story on theedgesingapore.com).