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CapitaLand Commercial Trust (CCT)
Results
CapitaLand Commercial Trust posts flat 3Q DPU of 2.20 cents
SINGAPORE (Oct 23): The manager of CapitaLand Commercial Trust (CCT) has announced distribution per unit (DPU) of 2.20 cents for the 3Q19 ended September, unchanged from a year ago.
October 23, 2019
Broker's Calls
Co-working here to stay, even if WeWork does not work out
SINGAPORE (Oct 4): Things have not been working out these past couple of weeks for co-working space operator WeWork.
October 06, 2019
REITs
WeWork's cancelled IPO to have limited impact on CCT
Singapore (Oct 7): WeWork’s aborted IPO, announced amid questions over corporate governance, mounting losses and unrealistic valuations, has raised questions over whether the office space leasing company can meet its commitments for properties it plans
October 04, 2019
Company in the news
Office upcycle, low risk-free rates mask operational challenges for office REITs
(July 29): On July 18, CapitaLand Commercial Trust’s placement units — to raise $220 million, most likely to partially pay for Frankfurt Main Airport Center — were snapped up in less than half an hour, and pricing was tight. CCT’s acquisition of a
July 26, 2019
Investing ideas
Can CCT's Frankfurt office acquisition, AEIs lift it to new heights?
SINGAPORE (July 22): CapitaLand Commercial Trust (CCT) has benefitted from an up-cycle in the office market so far this year.
July 22, 2019
Equity raising
CCT raises $220 mil from private placement for Frankfurt office acquisition
SINGAPORE (July 18): CapitaLand Commercial Trust has closed the book of orders for the private placement agreement signed and launched on Wednesday.
July 18, 2019
Results
CapitaLand Commercial Trust declares 1.9% higher 2Q DPU to 2.20 cents on new acquisitions
SINGAPORE (July 17): The manager of CapitaLand Commercial Trust (CCT) has reported a distribution per unit (DPU) of 2.20 cents for 2Q19 ended June 30.
July 17, 2019
Property
CCT acquires 94.9% stake in Frankfurt office for $387 mil
SINGAPORE (July 17): CapitaLand Commercial Trust (CCT) is acquiring a 94.9% stake in Main Airport Center (MAC) in Frankfurt, Germany, for €251.5 million ($387.1 million).
July 17, 2019
Broker's Calls
CCT downgraded to 'sell' by OCBC after price balloons 22% YTD
SINGAPORE (June 25): OCBC Investment Research is downgrading CapitaLand Commercial Trust (CCT) to “sell” with an unchanged fair value estimate of $1.88, after the stock saw its share price surge 22.3% so far this year.
June 25, 2019