19-07-2013, 07:36 AM
China domestic demand is increasing...
CRCT benefits from China’s retail boom
SINGAPORE — CapitaRetail China Trust (CRCT) yesterday said income available for distribution rose 7.5 per cent in the second quarter from the corresponding period a year earlier, benefiting from an increase in rents due to the booming retail sector in Asia’s largest economy.
For the three months ended June 30, CRCT reported distributable income of S$17.9 million, up from S$16.6 million previously, as net property income increased 6 per cent to S$26.4 million. Gross revenue rose 4.9 per cent to S$40 million.
http://www.todayonline.com/business/prop...etail-boom
CRCT benefits from China’s retail boom
SINGAPORE — CapitaRetail China Trust (CRCT) yesterday said income available for distribution rose 7.5 per cent in the second quarter from the corresponding period a year earlier, benefiting from an increase in rents due to the booming retail sector in Asia’s largest economy.
For the three months ended June 30, CRCT reported distributable income of S$17.9 million, up from S$16.6 million previously, as net property income increased 6 per cent to S$26.4 million. Gross revenue rose 4.9 per cent to S$40 million.
http://www.todayonline.com/business/prop...etail-boom
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