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CICT: Achieves Positive 2H 2024 Performance With Distributable Income Up 6.4% Year-On-Year To S$385.7 Million.
05 Feb 2025 10:28CapitaLand Integrated Commercial Trust announced a distributable income growth of 6.4% year-on-year to S$385.7 million for the six months ended 31 December 2024, compared to S$362.5 million in 2H 2023. This positive momentum is mainly driven by the acquisition of a 50.0% interest in ION Orchard, better performance of its existing operating properties as well as prudent management of operating and interest costs, partly offset by the divestment of 21 Collyer Quay...
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Source: ShareInvestor Express
