Welcome!
ION Orchard
Things to do
An iconic Christmas awaits at ION Orchard
Lights, cameras and action! at ION Orchard this Christmas.
10 days ago
Results
CapitaLand Investment exceeds divestment target for 2024 following sale of ION Orchard
CLI exceeded its divestment target with the help of ION Orchard, and boosted its fund management and commercial management fees.
22 days ago
Results
CapitaLand Integrated Commercial Trust announces higher revenue and NPI for 9MFY2024
CICT announces modest revenue and NPI growth for 9M2024, supported by higher rents and lower costs.
23 days ago
REITs
CICT completes proposed acquisition of ION Orchard after approval from unitholders
Units in CICT closed 2 cents lower or 0.98% down at $2.02 on Oct 30.
29 days ago
REITs
Shopping on Orchard Road for luxury malls
Investors looking for yield may want to take a look at REITs and stocks with Singapore assets such as luxury malls where occupancy is high, and rents remain resilient.
October 23, 2024
Broker's Calls
Paragon REIT could be acquired within CLI’s ecosystem of fund partners or other consortium partners: DBS
Even though the market expects Paragon REIT to be acquired by CICT, the analysts see that the capital allocated for ION could mean that Paragon's suitor could be elsewhere.
September 26, 2024
REITs
Why Ion Orchard attracts shoppers and investors
CICT proposes to acquire 50% of Ion with DPU accretion of 0.9%, tax transparency to add additional accretion
September 05, 2024
REITs
CICT’s private placement 3.7 times covered; issue price fixed at $2.04
Trading of CICT’s private placement units is currently expected to commence at 9am on Sept 12.
September 04, 2024
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
Food & Beverage
Tragedy, passion, pastries
Chef Mohamed Al-Matin tells a story of tragedy, passion and lots of pastries.
March 29, 2023