CICT

CICT's manager proposes to acquire ION Orchard at $1.85 billion, subject to EGM - THE EDGE SINGAPORE

REITs

CICT's manager proposes to acquire ION Orchard at $1.85 billion, subject to EGM

ION Orchard's gross yield according to a CICT presentation, is 7.1%, and the deal is pro forma 0.9% accretive to DPU
Amid challenges, CapitaLand Investment plans new funds as it continues supporting its REITs - THE EDGE SINGAPORE

REITs

Amid challenges, CapitaLand Investment plans new funds as it continues supporting its REITs

CLI announces new funds as it maintains support for its REITs and trusts
DBS keeps CICT at ‘buy’ with $2.70 target price following 3QFY22 business updates - THE EDGE SINGAPORE

Broker's Calls

DBS keeps CICT at ‘buy’ with $2.70 target price following 3QFY22 business updates

DBS estimates that every100bps increase in floating rates would have 0.30 cent (around 3%) impact on CICT’s distribution per unit.

REITs

The way forward for S-REITs

We recall the tentative early days of S-REITs, the sector’s subsequent success, 20 years after the first REIT was listed
CICT to divest One George Street, to book net proceeds of $344.8 mil - THE EDGE SINGAPORE

REITs

CICT to divest One George Street, to book net proceeds of $344.8 mil

The Grade A office is sold at $2,875 per square foot
STI consolidates as blue chips ease - THE EDGE SINGAPORE

Right Timing

STI consolidates as blue chips ease

A temporary retreat by DBS and other blue chips have caused the STI to remain locked in a narrow range
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