CapitaLand Commercial Trust (CCT)

Property

CapitaLand Commercial Trust acquires 94.9% stake in $569.6 mil Frankfurt office property Gallileo

SINGAPORE (May 17): CapitaLand Commercial Trust is making its first foray into Europe with the acquisition of a stake in Gallileo, an office property located in Frankfurt, Germany.

Broker's Calls

Analysts have mixed views on CapitaLand Commercial Trust

SINGAPORE (Apr 25): CapitaLand Commercial Trust (CCT) yesterday announced an 11.7% decline in its 1Q18 DPU to 2.12 cents from 2.40 cents in 1Q17, due to enlarged total units base.

Broker's Calls

CapitaLand Commercial Trust kept at 'hold' on office market recovery

SINGAPORE (Apr 24): OCBC is maintaining its “hold” call on CapitaLand Commercial Trust (CCT) with a fair value estimate of $1.84 before speaking to the manager of the trust.

Results

CapitaLand Commercial Trust posts 1Q DPU decline 11.7% to 2.12 cents due to enlarged total units base

SINGAPORE (Apr 24): CapitaLand Commercial Trust (CCT) reported a 11.7% drop in 1Q18 DPU to 2.12 cents compared to 2.40 cents in 1Q17.

Broker's Calls

Pick-up expected in performance of office and hotel S-REITs despite rising interest rates

SINGAPORE (Apr 12): Expect a pick-up in office and hotel S-REITs, while the retail and industrial logistics segments should see a slowdown, says UOB in its REITs' results preview.

Property

Upcoming Raffles Place skyscraper is named CapitaSpring; JP Morgan secured as first anchor tenant

SINGAPORE (Apr 12): CapitaSpring will be the name of the tallest and greenest buildings in Raffles Place.

Broker's Calls

Improved tax transparency treatment of REIT ETFs expected to boost yield

SINGAPORE (Mar 6): UOB Kay Hian is staying "overweight" on REITs given improved tax transparency treatment of REIT exchange traded funds (ETFs) is expected to boost yield and proliferation of the instrument.

Broker's Calls

Singapore stock strategy by CIMB after an uneventful earnings season

SINGAPORE (Mar 5): DBS's windfall dividend was the most "exciting" event over the two months of earnings reporting, says CIMB, given 4Q17 was not an impressive quarter for Singapore stocks.

Broker's Calls

Accumulate Singapore REITs on price weakness, says DBS

SINGAPORE (Feb 20): Over the past week, the spike in 10-year bonds and fears over inflation has caused the Singapore REIT (S-REIT) index to decline by about 7%.

Broker's Calls

Stocks to benefit from Budget 2018: UOB

SINGAPORE (Feb 20): UOB KayHian remains positive on property stocks and REITs saying the raising of BSD (Buyers Stamp Duty) rate is more of revenue collection than a property cooling measure.
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