$CapLand India T(CY6U.SI)$ CIT

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CIT posted a total property income of 4.7 billion rupees (S$74.6 million) for its first quarter ended Mar 31, 2025, up 14% from the 4.2 billion rupees in the same period a year earlier.

This was due to higher rental income from existing properties and income contributions from the acquisitions it made in 2024, which includes aVance II in Pune and Building Q2 in Navi Mumbai,

Portfolio occupancy stood at around 90%, while its weighted average lease expiry was 3.4 years as at Mar 31. Net gearing ratio stood at 39.7%

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·04-25
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Do not know why the price is still not moving up at this time?
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- Star in the Sky:
  currently India is on " war " alert with its neighbour and the economy not moving as expected
  04-30
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Star in the Sky
·04-25
India economy looks good but faces a lot of challenges ahead.. From politics to international issues... Recently attacked by Pakistan terrorist..
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