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CICT
REITs
CICT's manager proposes to acquire ION Orchard at $1.85 billion, subject to EGM
ION Orchard's gross yield according to a CICT presentation, is 7.1%, and the deal is pro forma 0.9% accretive to DPU
September 03, 2024
Results
What happened at CICT’s results briefing
CICT's results briefing highlights opportunities and challenges for Singapore's largest REIT
August 13, 2024
REITs
CQ @ Clarke Quay reopens to 93% committed occupancy, could add to NPI in 2H2024
CQ @ Clarke Quay's 93% occupancy could buoy NPI in 2H2024 and its valuation, lowering CICT's leverage.
April 26, 2024
REITs
Good news for Gallileo, a CICT property, as it secures ECB as anchor
Gallileo, jointly owned by CICT and CapitaLand Investment, has secured ECB as anchor tenant, lease starts in 2025 after AEI.
March 12, 2024
REITs
Amid challenges, CapitaLand Investment plans new funds as it continues supporting its REITs
CLI announces new funds as it maintains support for its REITs and trusts
August 17, 2023
Broker's Calls
DBS keeps CICT at ‘buy’ with $2.70 target price following 3QFY22 business updates
DBS estimates that every100bps increase in floating rates would have 0.30 cent (around 3%) impact on CICT’s distribution per unit.
October 24, 2022
REITs
The way forward for S-REITs
We recall the tentative early days of S-REITs, the sector’s subsequent success, 20 years after the first REIT was listed
February 17, 2022
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
November 12, 2021
Right Timing
STI consolidates as blue chips ease
A temporary retreat by DBS and other blue chips have caused the STI to remain locked in a narrow range
January 22, 2021