CapitaLand Commercial Trust (CCT)

“Post 2Q20, we believe office net demand can start to recover when GDP bottoms and drive the re-rating of office REITs,” say DBS analysts Rachel Tan and Derek Tan.

CCT gets boosted on potential merger with CMT

More companies in danger of default given higher leverage, weaker balance sheets and greater risk of liquidity crunch amid the pandemic

SINGAPORE (April 30): CapitaLand Commercial Trust’s (CCT) mixed 1Q FY20 results have prompted analysts to lower their distribution per unit (DPU) forecasts amid the novel coronavirus (Covid-19) pandemic.

SINGAPORE (April 29): Amid the novel coronavirus (Covid-19) pandemic, CapitaLand Commercial Trust (CCT) has reported a mixed set of results for the first quarter ended March 31.

 UnUsUaLPrice targets:38 cents BUY (RHB Group Research)44 cents BUY (UOB Kay Hian Research)Year-to-date, the share price of UnUsUaL has plunged some 32% as the group was forced to postpone large-scale events such as the JJ Lin concert

Lead analyst David Lum opines that a strong y-o-y DPU growth is in the pipelines for the group for FY21-22E, led by the progressive income contribution from CapitaSpring, which is scheduled for completion in 1HFY21.

The merged entity is expected to have a market capitalisation of $16.8 billion and a combined property value of $22.9 billion.

(Nov 18): Yields on 10-year Singapore Government Securities have been rising, albeit gently from a low base (see Chart 1). Similarly, yields on 10-year US Treasuries are also rising, from a low of 1.4% in September to 1.945% as at Nov 11 (see Chart 2). On

SINGAPORE (Oct 24): Market watchers are divided over CapitaLand Commercial Trust (CCT).