KLSE (MYR): CLMT (5180)
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KingKKK
432 posts
Posted by KingKKK > 2024-02-06 08:45 | Report Abuse
CapitaLand Malaysia Trust ventures into industrial segment with acquisition of three Iskandar M'sia factories for RM27m
https://theedgemalaysia.com/node/699892
"The proposed acquisition is expected to generate an annual rental income of RM2 million, with a first-year yield of 7.3%. It will contribute positively to CLMT’s income, and is distribution per unit-accretive to CLMT unitholders on a pro forma basis," it added.
7.3% yield is superb!