CapitaLand Integrated Commercial Trust (CICT)

Office property valuation declines could affect S-REITs  - THE EDGE SINGAPORE

REITs

Office property valuation declines could affect S-REITs

Dexus' transaction of a Sydney property at 17% discount to valuation could impact S-REITs
CICT prices $400 mil worth of seven-year green bonds - THE EDGE SINGAPORE

REITs

CICT prices $400 mil worth of seven-year green bonds

The bonds will carry a coupon of 3.938% per annum (p.a.).
Temasek portfolio company disposes of CICT units worth $4.1 mil - THE EDGE SINGAPORE

Company in the news

Temasek portfolio company disposes of CICT units worth $4.1 mil

Immediately after the transaction, Temasek had a deemed interest of 1,594,635,940 CICT units, or 23.97% of voting units.
CICT reports 11.3% higher NPI of $276.3 mil in 1QFY2023 update - THE EDGE SINGAPORE

Results

CICT reports 11.3% higher NPI of $276.3 mil in 1QFY2023 update

CICT’s aggregate leverage stood at 40.9% as at March 31, up 0.5 percentage points q-o-q.
CapitaLand cautiously optimistic about FY2023; big focus on China - THE EDGE SINGAPORE

Company in the news

CapitaLand cautiously optimistic about FY2023; big focus on China

China's reopening is a big focus for CapitaLand Investment for the coming year.

Results

CICT reports 2HFY2022 DPU of 5.36 cents, up 2.7% y-o-y

CICT's DPU for the FY2022 increased by 1.7% y-o-y to 10.58 cents.

Environmental, Social and Governance

Singapore's largest-cap firms lay out net-zero commitments

How have the largest local names on the Singapore Exchange (SGX) contributed to the global decarbonisation effort?

REITs

What inflation? Shoppers out in force and boosting retail REITs

Singaporean consumers continue to spend, even as worries of soaring prices loom.

Broker's Calls

Slowing economic growth to moderate office rent growth momentum for Singapore office sector in 2023: DBS

Office and commercial S-REITs peaked in August, outperforming other asset classes as of September — before the sentiment turned.
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