CapitaLand Investment's Real Estate Investment Business Revenue Down 2% in Nine Months to September

MT Newswires
2024-11-06

CapitaLand Investment's (SGX:9CI) Real Estate Investment Business revenue declined year over year to SG$1.42 billion in the nine months to September from SG$1.44 billion, according to a filing with the Singapore Exchange on Wednesday.

Fee Income-related Business Revenue was up 6% year over year to SG$799 million from SG$845 million.

Revenue per available unit or RevPAU was up 4% year over year, with 10,200 units signed across 58 properties and 7,200 units opened in 34 properties.

Meanwhile, portfolio occupancy was above 90%.

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