CapitaLand Commercial Trust (CCT)

Broker's Calls

Rental upside, tapering supply, positive net absorption keep Singapore office REIT at 'overweight' by UOB

SINGAPORE (June 3): UOB KayHian is maintaining the Singapore office REIT sector at “overweight” given the sector in its second year of recovery after the market bottomed in 1H17.

Broker's Calls

CCT gets 'buy' from DBS, Jefferies but 'hold' from OCBC, RHB

SINGAPORE (Apr 22): DBS Group Research is maintaining CapitaLand Commercial Trust (CCT) at "buy" and raising its target price from $2 to $2.10, saying CCT remains undervalued "ahead of a multi-year upturn in office rents in Singapore" and

Results

CCT reports 3.8% higher 1Q DPU of 2.20 cents on higher property contributions

SINGAPORE (April 19): The manager of CapitaLand Commercial Trust (CCT) has reported a 1Q19 distribution per unit (DPU) of 2.20 cents, rising 3.8% y-o-y from 2.12 cents due to higher contributions from Gallileo and Asia Square Tower 2.

Singapore economy

It's all work, all play in Singapore if urban plan gets go ahead

(Apr 5): Living where you work and play may not seem like the ideal balance in terms of escaping the grind, but it’s a key plank of Singapore’s vision for its central business district.
CapitaLand Commercial Trust said to pursue $1.5 bil Duo office tower

Property

CapitaLand Commercial Trust said to pursue $1.5 bil Duo office tower

SINGAPORE (Mar 20): CapitaLand Commercial Trust (CCT), Singapore’s biggest office landlord, is among suitors in talks about a potential acquisition of the Duo office and retail development in the city, people with knowledge of the matter said.
Singapore's office market is buzzing, for now

Property

Singapore's office market is buzzing, for now

(Jan 25): What’s not to like about Singapore’s office property market? Take a look at CapitaLand Commercial Trust’s 2018 results. Singapore’s biggest office landlord, owner of $10 billion of the city-state’s commercial buildings, finished the y

Broker's Calls

Buy CapitaLand Commercial Trust on dips: RHB

SINGAPORE (Jan 25): RHB Research is maintaining a “neutral” call on CapitaLand Commercial Trust (CCT) with a target price of $1.86.

Results

CapitaLand Commercial Trust posts 6.7% increase in 4Q DPU to 2.22 cents

SINGAPORE (Jan 24): The manager of CapitaLand Commercial Trust (CCT) announced 4Q18 DPU increased 6.7% to 2.22 cents from 2.08 cents in 4Q17.

Broker's Calls

CapitaLand Commercial Trust to maintain positive rental reversions in 2020: UOB

SINGAPORE (Jan 14): UOB Kay Hian is maintaining its “buy” call on CapitaLand Commercial Trust (CCT), while raising its target price to $2.11 from $2 previously after fine-tuning 2018-20F DPU by –3 to 1% upon adjusting rental assumptions.

Sector Focus

This is the year for office REITs to shine: OCBC

SINGAPORE (Jan 8): OCBC Bank is expecting Singapore office REITs to strengthen further in the near-term this year – and possibly, in the process, demand higher rents to bring about positive rental reversion.
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