CapitaLand Integrated Commercial Trust

CICT to divest One George Street, to book net proceeds of $344.8 mil - THE EDGE SINGAPORE

REITs

CICT to divest One George Street, to book net proceeds of $344.8 mil

The Grade A office is sold at $2,875 per square foot
UOB KH optimistic on CICT, with reopening likely to resume  - THE EDGE SINGAPORE

Broker's Calls

UOB KH optimistic on CICT, with reopening likely to resume

UOB Kay Hian has remained optimistic about CICT despite a “bumpy reopening", maintaining a "buy" call and target price of $2.40.
Technically, STI strengthens, but REITs are mixed - THE EDGE SINGAPORE

Right Timing

Technically, STI strengthens, but REITs are mixed

The STI may continue to move gradually higher as indicators strengthen. REITs are mixed with CICT moving above a resistance
Looking for DPU growth among the REITs - THE EDGE SINGAPORE

Investing ideas

Looking for DPU growth among the REITs

Selected REITs made acquisitions in 2020, increased their units base, and the growth in NPI and DPU are likely to occue in 2021.
Rotational interest in index stocks to drive STI higher - THE EDGE SINGAPORE

Right Timing

Rotational interest in index stocks to drive STI higher

Index stocks are taking it in turns to move higher, and this could support the STI's move to new one year highs.
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