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CICT - New Directions Together
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PiRPiR
Master |
13-Aug-2026 02:35
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05:31 AM EDT, 08/12/2026 (MT Newswires) -- CapitaLand Integrated Commercial Trust's (SGX:C38U) distribution per unit or DPU rose during the first half of the year to SG$0.0602 compared with SG$0.0562 a year earlier, according to a Wednesday filing with the Singapore Exchange.
Distributable income came in at SG$466.7 million compared with SG$411.9 million in the year-ago period. Net property income increased to SG$630.5 million from SG$579.9 million. Gross revenue jumped to SG$846.8 million from SG$787.6 million year over year. |
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PiRPiR
Master |
24-Jul-2026 11:30
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09:39 PM EDT, 07/23/2026 (MT Newswires) -- Merger talks between CapitaLand Investment (SGX:9CI) and Mapletree Investments, two Temasek-backed property asset managers, have stalled over valuation, future leadership, and business performance concerns, Bloomberg News reported Thursday.
The talks could resume in the future, the report said, citing people with knowledge of the matter. Mapletree Investments said it has nothing further to add to the story, while CapitaLand Investment did not immediately respond to a request for comment from MT Newswires. |
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Joelton
Supreme |
21-Jul-2026 09:45
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CICT to reconfigure parts of Paragon, including Metro space [SINGAPORE] CapitaLand Integrated Commercial Trust (CICT) : C38U -0.81% is advancing plans to optimise and selectively reconfigure parts of Paragon, including areas currently occupied by department store Metro. &ldquo (Metro) has expressed interest in remaining at Paragon under new retail concept stores, and discussions are ongoing. Feasibility studies are currently under way, and we will share further details once plans are finalised,&rdquo said the manager of CICT on Monday (Jul 20). The latest announcement comes as CICT plans to &ldquo further strengthen Paragon&rsquo s tenant mix and create opportunities to introduce fresh concepts and experiences&rdquo . The real estate investment trust has been reviewing short and medium-term enhancement initiatives since acquiring the Orchard Road mall on Jul 1. &ldquo Paragon will continue to strengthen its positioning through a differentiated retail mix spanning luxury fashion, beauty, home and living, sports, wellness and kids, catering to evolving consumer preferences,&rdquo added CICT&rsquo s manager. &ldquo We are also actively engaging partners and relevant authorities to enhance sheltered connectivity between Paragon and some surrounding properties.&rdquo |
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PiRPiR
Master |
20-Jul-2026 12:31
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10:49 PM EDT, 07/19/2026 (MT Newswires) -- CapitaLand Integrated Commercial Trust (SGX:C38U) signed a lease agreement with City Energy for units at The Atrium@Orchard, according to a Friday filing with the Singapore Exchange.
The lease runs for a period of two years, commencing from Oct. 13, with total rent of SG$996,814, and no option to renew. City Energy is an associate of Temasek Holdings, a controlling unitholder of the trust. The renewal will provide the trust with stable income and maintain occupancy amid asset enhancement works planned for 2026 and 2027. |
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Delvyss
Elite |
15-Jul-2026 08:56
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US June CPI Preview: Can Cooling Inflation Open Up Fed Rate Cut Expectations? How Will US Stocks, the Dollar, and Gold React?https://www.tradingkey.com/analysis/economic/indicators/262025759-us-june-cpi-preview-cooling-inflation-trigger-fed-rate-cut-expectations-us-stocks-dollar-gold-react-tradingkey |
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Delvyss
Elite |
09-Jul-2026 14:57
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About time ....
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Joelton
Supreme |
30-Jun-2026 09:08
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RHB' s Natarajan raises target price for CICT to $2.75 Vijay Natarajan of RHB Bank Singapore has kept his " buy" call and CapitaLand Integrated Commercial Trust, given how valuation is deemed " attractive" at just 1.x P/BV, along with a slightly raised target price of $2.75, up from $2.73, after unitholders gave their go-ahead for the $3.9 billion acquisition of Paragon. " The transaction further strengthens CICT&rsquo s position as the largest Singapore commercial sector proxy and leading Asia Pacific REIT," says Natarajan. As a recap, CICT will be acquiring the whole of Paragon - both retail and office components - at an initial yield of 3.9%. Upside potential includes rent growth and repositioning potential for retail and medical spaces while CICT is likely to undertake phased asset enhancements, he says. The transaction will be partly funded by the sale of Asia Square Tower 2 for $2.45 billion, a 10% premium to valuation and an exit yield of around 3%. Given warm demand from investors, CICT has upsized its equity fundraising from $600 million to $750 million, which should keep gearing at 38.7%. The transaction is DPU 1.7% accretive at FY2025 pro forma. Natarajan notes that CICT has trended sideways amid macroeconomic uncertainty but April retail sales data is showing positive momentum with an increase of 5.4% y-o-y and inflation staying benign. Natarajan believes that tenant sales at CICT' s malls are likely to see a similar uplift, supporting mid single-digit rental reversion growth in FY2026. Meanwhile, record low office in Singapore CBD of 3.3% in 1Q2026, down from 4.5% in 4Q25 with around 1% q-o-q rent growth. " We expect rental reversion for its Singapore office portfolio to remain in the mid- to high-single digit range," says Natarajan. According to the analyst, CICT is looking at divesting its assets in Germany, which account for around 3% of its AUM. While the market activity remains " weak" , Natarajan believes that Gallileo &ndash its 38-storey Grade A commercial building at $520 million &ndash could draw interest from real estate funds given that CICT had recently commenced a long lease with the European Central Bank. Meanwhile, CICT is spending some $160 million to enhance Plaza Singapura between 3Q2026 and 4Q2028, with a targeted ROI of 6-7%. Natarajan derives his new target price after raising his DPU estimates for FY2027 and FY2028 by 1% to factor in the Paragon acquisition and divestment of Asia Square Tower 2 and Bukit Panjang Plaza. CICT units closed at $2.39 on June 29, down 0.42%. |
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Delvyss
Elite |
30-Jun-2026 08:45
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The Rise of Medical Properties in Singaporehttps://www.savills.com.sg/blog/article/229919/singapore-articles/the-rise-of-medical-real-estate-in-singapore-investment-performance--demand-drivers-and-how-it-compares-to-office-assets.aspx |
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seanpent
Supreme |
29-Jun-2026 11:58
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seems like dip buying? | ||||
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Delvyss
Elite |
26-Jun-2026 09:26
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S$3.9 billion Paragon acquisition seals CICT' s dominance in downtown retail, adds medical exposurehttps://www.businesstimes.com.sg/property/s3-9-billion-paragon-acquisition-seals-cicts-dominance-downtown-retail-adds-medical-exposure |
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Delvyss
Elite |
25-Jun-2026 09:10
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Paragon is a six-storey upscale retail mall with two medical and office towers:
https://www.minichart.com.sg/2026/04/20/capitaland-integrated-commercial-trust-to-acquire-paragon-mall-on-orchard-road-for-s3-85-billion-strategic-freehold-retail-and-medical-asset-expansion/ |
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Delvyss
Elite |
25-Jun-2026 08:18
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CICT Bets on Singapore Luxury Retail With USD 3bn Paragon Acquisitionhttps://isimarkets.com/insights/cict-bets-on-singapore-luxury-retail-with-usd-3bn-paragon-acquisition/ |
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Delvyss
Elite |
23-Jun-2026 16:15
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CICT and REITs in focus: Weekly Review with SIAShttps://growbeansprout.com/weekly-market-review-22-june-2026 |
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Alignment
Elite |
16-Jun-2026 21:03
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Ngee Ann City to Ion pretty buzzing. But yes the Paragon area in Orchard is quiet. Perhaps they believe they can revitalise it.
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mav1ryan
Veteran |
16-Jun-2026 15:59
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Strange, Orchard Road is such a dead place now..
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Alignment
Elite |
12-Jun-2026 23:53
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Only 0.04% of votes cast thought the price was too high? A bunch of shareholders willing to splash the cash! | ||||
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PiRPiR
Master |
11-Jun-2026 13:22
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12:12 AM EDT, 06/11/2026 (MT Newswires) -- Unitholders of CapitaLand Integrated Commercial Trust (SGX:C38U) approved the acquisition of Paragon Mall at the REIT's extraordinary general meeting on June 10, according to a same-day filing with the Singapore Exchange.
About 99.96% of votes cast were in favor of the transaction, the filing showed. Ahead of the meeting, some unitholders had raised questions about the REIT's proposed SG$3.9 billion purchase of the Orchard Road mall. The REIT's former chief executive, Ng Ee Peng, questioned the property's long-term strategy, The Business Times reported. |
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Delvyss
Elite |
10-Jun-2026 09:46
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Why S-REITs are the primary buffer against 3.2% inflationhttps://sbr.com.sg/markets-investing/in-focus/why-s-reits-are-primary-buffer-against-32-inflation |
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Delvyss
Elite |
21-May-2026 08:20
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UOBKH' s Koh raises target price for CICT to $3.06https://www.theedgesingapore.com/capital/brokers-calls/uobkhs-koh-raises-target-price-cict-306 |
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PiRPiR
Master |
06-May-2026 18:05
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Paragon deal: Why investors should get ready for more Reit mergers and take- private offers
In a less-conducive operating backdrop, smaller Reits may be weeded out, as larger ones play the role of consolidators Biz Times Published May 05, 2026 08:34 PM THE most prosaic observation about the purchase of Paragon by CapitaLand Integrated Commercial Trust (CICT) from Cuscaden Peak may also be the most profound: Among real estate investment trusts (Reits), the biggest players have an unbeatable advantage when it comes to acquiring assets and ===== paywall ======= |
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