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 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 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.

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.

CICT posts 0.6% YoY higher net property income of $275m in 3Q23

The REIT attributed its improved NPI to higher gross rental income.