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CapitaLand China Trust (CLCT)
Results
CLCT reports 9MFY2024 NPI of RMB930.2 mil, 5.1% lower y-o-y
CLCT's 9MFY2024 gross revenue fell by 3.4% y-o-y to RMB1.38 billion.
29 days ago
REITs Report 2024
CapitaLand China Trust remains the best proxy for a Chinese recovery
CLCT's diversified portfolio is the best local proxy for a rebound in Chinese growth; CEO of its manager explains his strategy
September 06, 2024
New appointments
Gerry Chan appointed deputy CEO of CLCT’s manager
Chan will assist Tan Tze Wooi, CEO of the manager, in managing “all aspects” of CLCT’s business.
August 23, 2024
Results
CLCT's DPU fell by 19.5% in 1HFY2024, but rose marginally h-o-h
Although CLCT's distributable income in 1HFY2024 fell by 18.5% y-o-y, and DPU by 19.5%, h-o-h both DI and DPU inched higher.
July 30, 2024
China Focus
Chinese warehouses, industrial parks grappling with surprising slowdown
Singapore-listed REITs with China assets have underperformed the broader stock market.
June 26, 2024
Broker's Calls
Analysts lower TPs on CLCT after divergent performance between retail and new economy assets
That said, DBS and OCBC have both kept their “buy” calls after its 1QFY2024 update.
April 26, 2024
Results
CapitaLand China Trust’s 1QFY2024 NPI down by 7.7% y-o-y at RMB313.1 mil
In SGD terms, NPI fell by 11.8% y-o-y partly due to the 4.7% depreciation of the RMB to the SGD.
April 24, 2024
New appointments
CLAS and CLCT appoint new chairmen
The changes will take place after the respective REITs' AGMs in April.
March 11, 2024
Broker's Calls
Brokers’ Digest: CapitaLand China Trust, CDLHT, SGX, ESR-LOGOS REIT, Parkway Life REIT, MPACT, OUE REIT, Keppel REIT
See what the analysts have to say this week.
February 08, 2024
Broker's Calls
DBS and OCBC lower respective target prices for CLCT but still deem a 'buy'
The recovery is going to pan out as a multi year story
February 01, 2024