CapitaCommercial Trust outlines 5 growth opportunities in 2014

Focus properties and markets unveiled.

CapitaCommercial Trust (CCT) listed down the 5 key growth opportunities for the company this year in its presentation slides for the J.P. Morgan Asia Pacific Property COnference 2014 disclosed to the Singapore Exchange.

First, CCT expects the office market rents to continue rising, which will help buoy the company's prospects this year.

Second, it expects 10% of portfolio gross rental income up for renewal and rent review.

Third, full year contribution of positive rent reversions had been signed in 2013, which will also be a source of growth.

Fourth, in terms of projects, CCT expects its planned assent enhancement initiatives (AEIs) and CapitaGreen to drive its expansion.

Fifth and last, CCT plasn to focus its acquisitions in Singapore, which given a 40% gearing, gives CCT a large debt headroom of S$1.2 billion.