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CapitaLand India Trust's Net Property Income Declines 3% in Q1

-- CapitaLand India Trust's (SGX:CY6U) net property income fell 3% during the first quarter of the year to SG$53.4 million from a year earlier, according to a Friday filing with the Singapore Exchange.

Total property income declined 8% year over year to SG$69 million.

The REIT reported committed occupancy of 91%, backed by positive rental reversion of 17%.

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