CapitaLand Integrated Commercial Trust announces higher revenue and NPI for 9MFY2024

In its 3QFY2024 business updates, CapitaLand Integrated Commercial Trust announced a 2% y-o-y rise in revenue for the nine months to Sept 30 (9MFY2024) to $1,189.8 million. Net property income (NPI) for the same period rose by 5.4% y-o-y to $872.1 million, driven by higher gross rental income from existing properties and lower operating expenses, despite the absence […]