CapitaMall Trust (CMT) says it has achieved a third quarter 2010 (3Q 2010) DPU of 2.361 cents which is 0.3% higher than the DPU of 2.35 cents for the same period in 2009 and exceeds the forecast DPU of 2.30 cents by 2.4%.

Unitholders can expect to receive their 3Q 2010 DPU on 29 November 2010. The Books Closure Date is on 1 November 2010.

Gross revenue grew 6.3% year-on-year to $148.2 million in 3Q 2010 while net property income was higher by 7.1% over that of 3Q 2009. CMT says it continued to register strong portfolio occupancy of 99.6% as at 30 September 2010.

The 3Q 2010 DPU includes the release of $1.2 million of taxable income retained in the first half of this year. However, tax-exempt income from CapitaRetail China Trust (CRCT) of $5.1 million received in 3Q 2010 in respect of the period 1 January 2010 to 30 June 2010 (1H 2010) has been retained. This amount, together with the tax-exempt income of $5.0 million retained in first quarter of this year, will be distributed in FY2011.