Fullerton, an investment manager that is an indirect subsidiary of Temasek Holdings, has disposed of 906,400 units of CapitaLand Integrated Commercial Trust C38U (CICT) C38U for a total sum of $1,629,707.20 or $1.798 each.
The disposal was done on Nov 20 via the market.
Following the disposal, Fullerton’s stake in the REIT is now at 0.4982%.
CICT reported a net property income (NPI) of $275.0 million for the 3QFY2023 ended Sept 30, a 0.6% increase y-o-y. Its NPI for the 9MFY2023 grew by 6.8% y-o-y to $827.3 million.
Units in CICT closed 1 cents lower or 0.53% down at $1.88 on Nov 20.
