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 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.
                    
                                        
                    
                Daily Markets Briefing: STI up 1.03%; Seatrium is most active stock
                                                                                                 
                        
                        Seatrium closed 2.40%.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
                             
                     
                             
                             
                     
                             
                             
                     
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                