CLMT reports 24% rise in net property income for 9M24


KUALA LUMPUR: Capitaland Malaysia Trust’s (CLMT) net property income (NPI) increased by 24% to RM191.4 million for the first nine months ending Sept 30, 2024 (9M24), compared to the same period last year.

In a statement, CLMT said the growth was primarily driven by contributions from Queensbay Mall, acquired in March 2023, along with improved performance from CLMT’s retail portfolio and Valdor Logistics Hub.

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CLMT , CapitaLand Malaysia Trust , NPI

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