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CapitaLand Integrated Commercial Trust (CICT)
REITs
Positive outlook for office REITs as GDP recovers: DBS
Despite a rise in flexible working arrangements, DBS Group Research still has a positive outlook on office spaces in Singapore.
December 10, 2020
Broker's Calls
CapitaLand Integrated Commercial Trust is currently the biggest S-REIT 'at a bargain': DBS
As the largest S-REIT, the analysts view that CICT will eventually be “too big to ignore”.
December 09, 2020
REITs
CICT issues $250 mil in fixed rate notes due 2032 with 2.15% p.a. coupon
The notes have been granted approval-in-principle by the Singapore Exchange Securities Trading Limited.
December 07, 2020
Results
CapitaLand says it sees 'encouraging signs of recovery' in 3Q business update
Shares in CapitaLand closed 6 cents higher or 2.4% up at $2.57 on Nov 3.
November 03, 2020
Broker's Calls
Robinsons closure 'unlikely to be one-off': DBS
The analysts are also positive on FCT, CICT (formerly CMT) and LREIT with "buy" recommendations on all three S-REITs.
November 03, 2020
Broker's Calls
‘Hold’ CCT even as it transforms to CICT: UOB Kay Hian
UOB Kay Hian have maintained their “hold” rating on CCT even as it prepares for its merger with CMT to form CICT
October 27, 2020
REITs
CapitaLand Commercial Trust files court application to sanction trust scheme; Moody's downgrades CapitaLand Mall Trust to A3
Units in CMT and CCT closed at $1.95 and $1.67 respectively, on Oct 1.
October 02, 2020
Broker's Calls
OCBC increases fair value estimate on CMT due to proposed merger and continued recovery momentum
According to the team, DPU accretion is estimated to be at +4.1% and +7.6% for CMT and CCT for the last 12 months ended June 30.
October 01, 2020
REITs
S&P Global Ratings gives CapitaLand Mall Trust 'A-' rating
The rating on CMT reflects the agency’s view of the REIT’s leading-market position following its merger with CCT.
September 30, 2020
REITs
CMT and CCT proposed merger given green light by unitholders
The merger is expected to take place on October 21. CCT’s last day of trading is expected to be on October 16.
September 29, 2020