REIT Financial News - Q2 2010 Quarterly Earnings Report for CMT

Second quarter 2010 results for CMT:

• Press Release
• Financial Statements
• Presentation Slides

Key Points

• The DPU for the quarter (2Q 2010) is 2.29 cents.  
• The Books Closure Date is on 30 July 2010.
• Unitholders can expect to receive their 2Q 2010 DPU on 27 August 2010.
• Completed acquisition of Clarke Quay on 1 July 2010.
• Portfolio occupancy continued to be strong at 99.5% as at 30 June 2010.
• Average cost of debt and gearing ratio were 3.7% and 34.8% respectively as at 30 June 2010. Interest cover stood at approximately 3.3 times. 

Author's Note
The quarterly DPU for 2Q 2010 of  2.29 cents will be paid on 27 Aug 2010.
The DPU was 2.231 cents for the previous quarter.

Note that the DPU of 2.29 cents is computed on the basis that none of the Convertible Bonds is converted into Units on or prior to the Books Closure Date. The actual amount may differ if any of the Convertible Bonds is converted into Units on or prior to the Books Closure Date.