Welcome!
CapitaLand Integrated Commercial Trust (CICT)
REITs
CICT enters into several interested person transactions for its properties including Raffles City Singapore
The agreements were entered with SP Sustainability & Engineering, SembWaste and Real Taste Pte Ltd.
April 18, 2022
Broker's Calls
DBS sees ‘breakout month’ for S-REITs, but warns that focus may soon shift to results and rates
Office, retail and hospitality are DBS’s top picks for S-REITs.
April 05, 2022
REITs
CICT announces fourth acquisition in three months, CapitaLand Investment benefits
CICT acquires 79 Robinson Road with debt and proceeds from JCube. The property which has a yield of 4%, has a short land lease
March 30, 2022
Broker's Calls
RHB downgrades CICT to 'neutral' while other analysts keep 'buy' call following reopening and acquisition
In its report, RHB also expects CICT's next potential acquisition to be its remaining stake in CapitaSpring.
March 28, 2022
Broker's Calls
S-REIT DPUs expected to grow 12% y-o-y in FY2022; office REITs preferred: Maybank Securities
Maybank has also upgraded Suntec REIT to “buy” with a TP of $1.80 based on its leverage to Singapore’s reopening.
March 12, 2022
Right Timing
Heightened risks could stymie writebacks for banks
Heightened risks may impact writebacks for banks, but interest rate hikes are on track; CICT stays resilient on better outllok
March 10, 2022
REITs
CICT divests JCube to CapitaLand Group subsidiary for $340 mil as an interested person transaction
According to CICT, the divestment is part of its strategy to “deliver stable and sustainable returns to unitholders”.
January 25, 2022
M&A
CICT acquires 50% interest in 2 Sydney properties for A$422 mil
CICT expands footprint in Sydney with new acquisitions.
December 23, 2021
Broker's Calls
Broker's Digest: Microsoft Corp, Keppel REIT, ART, SGX, CICT
See what our analysts have to say about these counters.
December 17, 2021
Broker's Calls
Time to 'bask in the sun' as recovery trends continue for these S-REITs: DBS
"With the Singapore economy still strong, we see stronger domestic retail sales driving an approximately 5-6% rise in DPU."
December 17, 2021