Tuesday, 31 January 2012

CIT’s distributable income up 12.7% for FY2011

Total assets exceed S$1.1 billion


• NTA per unit rose to 62.0 cents from 60.7 cents in previous year

• Strong balance sheet and gearing ratio of 33.1% keep CIT poised for expansion opportunities

• CIT continues to enhance asset portfolio and kick-starts two built-to-suit development projects

• Starts off FY2012 with acquisition of 3C Toh Guan Road East, divestment of 7 Ubi Close and new 7-year pre-lease commitment from an anchor tenant at 88 International Road

No comments:

Post a Comment