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Prospects of record DPUs could trigger CapitaLand Mall Trust rerating

PC Lee
PC Lee9/10/2018 04:12 PM GMT+08  • 2 min read
Prospects of record DPUs could trigger CapitaLand Mall Trust rerating
SINGAPORE (Sept 10): CapitaLand Mall Trust (CMT) has been a safe harbour for investors and is starting to emerge as a growth play.
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SINGAPORE (Sept 10): CapitaLand Mall Trust (CMT) has been a safe harbour for investors and is starting to emerge as a growth play.

And as the retail sector bottoms out, 2019 could be a chance for CMT to shine as full contributions from Westgate and the return of Funan takes DPU back on a multi-year growth path.

In a Monday report, DBS Group Research says CMT’s share price should re-rate on prospects of record DPUs in FY19-20 as earnings growth returns to an upward trajectory of 4% p.a. vs SREIT’s average of 2%.

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