CapitaLand Integrated Commercial Trust (CICT)

Broker's Calls

As Singapore REITs positions for rate cuts, Maybank Securities remain 'neutral' on the sector

CapitaLand Integrated Commercial Trust, CapitaLand Ascendas REIT and ​​Lendlease Global Commercial REIT are named as top picks.

Broker's Calls

Maybank keeps ‘neutral’ on S-REITs, ‘agnostic’ on the sector

CICT, CLAR and LREIT were named as analyst Krishna Guha’s picks.
Temasek's Fullerton acquires 795,700 units in CICT at $1.9019 each - THE EDGE SINGAPORE

Insider moves

Temasek's Fullerton acquires 795,700 units in CICT at $1.9019 each

Following the acquisition, Fullerton’s stake in the REIT is now at 0.4786%.
Temasek’s Fullerton disposes of 906,400 units in CICT at $1.798 each - THE EDGE SINGAPORE

Insider moves

Temasek’s Fullerton disposes of 906,400 units in CICT at $1.798 each

Following the disposal, Fullerton’s stake in the REIT is now at 23.99%.

Results

CICT reports 3QFY2023 gross revenue of $391.3 mil, 4.6% higher y-o-y

For the 9MFY2023, the REIT’s gross revenue rose by 9.8% y-o-y to $1.17 billion.
Maybank keeps ‘neutral’ call on S-REITS, prefers CapitaLand Integrated Commercial Trust and Mapletree Logistics Trust - THE EDGE SINGAPORE

Broker's Calls

Maybank keeps ‘neutral’ call on S-REITS, prefers CapitaLand Integrated Commercial Trust and Mapletree Logistics Trust

The repricing of debt and forex translation losses will affect DPU performance of S-REITs this quarter, says analyst Krishna Guha.
CICT and CDL remain unaffected by WeWork's bankruptcy warning (update) - THE EDGE SINGAPORE

Property

CICT and CDL remain unaffected by WeWork's bankruptcy warning (update)

The co-working company is a tenant at some of CICT, Suntec REIT, MPACT and CDL’s properties.

Broker's Calls

Analysts mixed on CICT’s DPU outlook as interest costs expected to increase in 2HFY2023

Analysts from CGS-CIMB and DBS have kept their "buy" and "add" calls, while RHB has stayed "neutral".
CICT reports 1HFY2023 DPU of 5.3 cents, 1.5% higher y-o-y - THE EDGE SINGAPORE

Results

CICT reports 1HFY2023 DPU of 5.3 cents, 1.5% higher y-o-y

Unitholders will receive their DPU on Sept 15.
Office property valuation declines could affect S-REITs  - THE EDGE SINGAPORE

REITs

Office property valuation declines could affect S-REITs

Dexus' transaction of a Sydney property at 17% discount to valuation could impact S-REITs
×