CMT's full year distributable income up 5.1%

CapitaMall Trust (CMT) has announced a full year distributable income of $316.9 million for the full year, an increase of 5.1 per cent from the year before.

The trust's full year revenue also saw an improvement of about 5 per cent over the preceeding year, coming in at $661.6 million.

Distributable income for the fourth quarter ended Dec 31 came in at $79.8 million, rising 5.7 per cent from the year before,with revenue at $173.6 million, up 10 per cent. CMT also declared distribution of 2.36 cents a unit for the fourth quarter.

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