CapitaLand Integrated Commercial Trust
CapitaLand Integrated Commercial Trust (CICT or the Trust) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$14.0 billion as at 31 December 2020.
See below for the Latest CapitaLand Integrated Commercial Trust News, Analysis, Profit Results, Share Price Information, and Commentary.
CICT closes preferential offering with 48.5% excess applications
The excess applications totalled 183,034,982 units
CICT launches preferential offering
It will close on 24 September, whilst trading is expected to begin on 2 October.
CICT issues over 171 million private placement units
The issue price per private placement unit is at $2.040.
CICT fully redeems $150m fixed rate notes at 3.05% due 2024
The notes were issued under the US$2b Euro Medium Term Note Programme.
CICT solidifies position as Singapore's largest retail landlord with 50% ION Orchard stake acquisition
The company’s total portfolio value will increase to $26.4b from $24.5b.
CICT private placement subscribed 3.7 times
It issued the units at $2.040 a piece.
CapitaLand Investment to divest 50% stake in ION Orchard to CICT
It will have recycled $3.6b in capital year-to-date following the divestment.
Lower costs boost CICT's NPI by 5.4% YoY to $582.4m in H1
Higher NPI boosted the trust's distributable income by 3.7% YoY.
Daily Markets Briefing: STI down 0.19%; SGX is top stock
SGX reported a 2.50% increase.
CICT NPI rises 6.3% YoY to $293.7M in 1Q24
Gross rental income growth and lower operating expenses drove the uptick.
SREITs’ retail, office, hospitality saw strong recovery in Q4 2023: analyst
Hospitality and retail will continue to benefit from visitor arrivals and domestic spending.
European Central Bank becomes anchor tenant at CapitaLand's Frankfurt building
The Grade A office tower is to house ECB under 10-year lease agreement.
CICT posts 2.1% YoY higher income of $362.5m in 2H23
The REIT attributed the increase to its sound operational performance.
Singapore’s largest S-REITS averaged 5.6% dividend yield in 2023: SGX
FLCT maintains the highest indicative yield, whilst CICT has the highest market value.
Daily Markets Briefing: STI up 0.08%; CapitaLand Ascendas REIT is top stock
CapitaLand Ascendas REIT grew 2.79%.
CICT posts 0.6% YoY higher net property income of $275m in 3Q23
The REIT attributed its improved NPI to higher gross rental income.
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