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Analysts see further upside for CICT on upcoming Hougang Central site development

Teo Zheng Long
Teo Zheng Long • 5 min read
Analysts see further upside for CICT on upcoming Hougang Central site development
CICT’s participation in the upcoming Hougang Central site development, according to DBS Group Research analyst Geraldine Wong, can also be interpreted as its signal to grow without paying “sky high” prices seen in the markets today. Photo: Google Maps
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Analysts from DBS Group Research, CGS International, Maybank Securities, UOB Kay Hian and RHB Bank Singapore are keeping their respective “buy” ratings on CapitaLand Integrated Commercial Trust (CICT) following the release of its results for FY2025 ended Dec 31, 2025.

For DBS Group Research analyst Geraldine Wong, CICT’s FY2025 distribution per unit (DPU) of 11.58 cents was ahead of her estimates, according to her Feb 6 report.

“In our view, CICT’s FY2025 result was a strong beat and a testament again to the market that Singapore assets can continue to deliver in times of uncertainty abroad,” states Wong.

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