SINGAPORE (Oct 29): DBS is reiterating its “buy” call on CapitaLand Commercial Trust (CCT) with a target price of $2.12.

This came on the back of the trust announcing a 3Q18 DPU of 2.20 cents, 8.9% higher than 2.02 cents reported in 3Q17.

Distributable income was 13.1% higher y-o-y at $82.7 million.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook