tenant sales

Following the anticipated weak 1H20 results of CapitaLand Mall Trust (CMT) that have largely come within expectations, things are looking up for the trust amid signs of broad based recovery.

SINGAPORE (Oct 24): RHB is maintaining its “neutral” call on CapitaLand Mall Trust (CMT) with an unchanged price target of $2.08 based on a cost of equity (CoE) of -6.9% and terminal growth (TG) of -1.5%.