UOB KayHian says CICT will become the largest REIT in Singapore and the second largest REIT in the Asia Pacific region.
Analysts are in favour of the merger between CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) that will create a diversified commercial REIT named CapitaLand Integrated Commercial Trust (CICT).
The proposed merger is planned to be carried out through a trust scheme of arrangement.
