CapitaLand Integrated Commercial Trust (CICT)

Broker's Calls

S-REITs ‘in better shape’ than two years ago; CICT, MLT top picks: HSBC

HSBC favours stocks with embedded growth, like CICT; and REITs that have priced in most of the negative news, like MLT.

Broker's Calls

As Singapore REITs positions for rate cuts, Maybank Securities remain 'neutral' on the sector

CapitaLand Integrated Commercial Trust, CapitaLand Ascendas REIT and ​​Lendlease Global Commercial REIT are named as top picks.

Broker's Calls

Maybank keeps ‘neutral’ on S-REITs, ‘agnostic’ on the sector

CICT, CLAR and LREIT were named as analyst Krishna Guha’s picks.
Temasek's Fullerton acquires 795,700 units in CICT at $1.9019 each - THE EDGE SINGAPORE

Insider moves

Temasek's Fullerton acquires 795,700 units in CICT at $1.9019 each

Following the acquisition, Fullerton’s stake in the REIT is now at 0.4786%.
Temasek’s Fullerton disposes of 906,400 units in CICT at $1.798 each - THE EDGE SINGAPORE

Insider moves

Temasek’s Fullerton disposes of 906,400 units in CICT at $1.798 each

Following the disposal, Fullerton’s stake in the REIT is now at 23.99%.

Results

CICT reports 3QFY2023 gross revenue of $391.3 mil, 4.6% higher y-o-y

For the 9MFY2023, the REIT’s gross revenue rose by 9.8% y-o-y to $1.17 billion.
Maybank keeps ‘neutral’ call on S-REITS, prefers CapitaLand Integrated Commercial Trust and Mapletree Logistics Trust - THE EDGE SINGAPORE

Broker's Calls

Maybank keeps ‘neutral’ call on S-REITS, prefers CapitaLand Integrated Commercial Trust and Mapletree Logistics Trust

The repricing of debt and forex translation losses will affect DPU performance of S-REITs this quarter, says analyst Krishna Guha.
CICT and CDL remain unaffected by WeWork's bankruptcy warning (update) - THE EDGE SINGAPORE

Property

CICT and CDL remain unaffected by WeWork's bankruptcy warning (update)

The co-working company is a tenant at some of CICT, Suntec REIT, MPACT and CDL’s properties.

Broker's Calls

Analysts mixed on CICT’s DPU outlook as interest costs expected to increase in 2HFY2023

Analysts from CGS-CIMB and DBS have kept their "buy" and "add" calls, while RHB has stayed "neutral".
CICT reports 1HFY2023 DPU of 5.3 cents, 1.5% higher y-o-y - THE EDGE SINGAPORE

Results

CICT reports 1HFY2023 DPU of 5.3 cents, 1.5% higher y-o-y

Unitholders will receive their DPU on Sept 15.
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