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One of Asia's and Singapore's largest REITs has announced that it is acquiring Paragon mall in Orchard. The acquisition will be funded through the sale of Asia Square Tower 2 and a private placement. As of now, there is no news of a retail placement being required. The stock is currently halted due to this acquisition news.
Identifying The Real Beneficiaries Of The S$1bn Support Package
https://sginvestors.io/analysts/research/2026/04/singapore-strategy-rhb-securities-research-2026-04-08
https://sginvestors.io/analysts/research/2026/04/singapore-strategy-rhb-securities-research-2026-04-08
06:54 AM EDT, 04/08/2026 (MT Newswires) -- CapitaLand Integrated Commercial Trust (SGX:C38U) signed a deal to replace TotalEnergies Charging Services with SP Mobility as operator of its electric vehicle charging stations at five of its malls in Singapore, according to a Wednesday filing with the Singapore Exchange.
Under the arrangement, SP Mobility, a subsidiary of Singapore's state-owned investment firm, Temasek, will run EV charging services at Clarke Quay, Plaza Singapura, Raffles City Singapore, Funan, and Westgate.
SP Mobility will pay CapitaLand's malls a contract value of up to SG$329,186 as operating services fees as part of the contract.
The agreement allows EV charging services at the malls to continue after TotalEnergies stops operations in Singapore, the filing said.
Under the arrangement, SP Mobility, a subsidiary of Singapore's state-owned investment firm, Temasek, will run EV charging services at Clarke Quay, Plaza Singapura, Raffles City Singapore, Funan, and Westgate.
SP Mobility will pay CapitaLand's malls a contract value of up to SG$329,186 as operating services fees as part of the contract.
The agreement allows EV charging services at the malls to continue after TotalEnergies stops operations in Singapore, the filing said.
CICT' s Business Updates for the first quarter ended 31 March 2026 will be released on Friday, 24 April 2026, before market open.
I notice thare 2 transactions, one is acquisition and the other is disposal of the same no. of shares, which end up no change in the total no. of shares.
https://links.sgx.com/1.0.0/corporate-announcements/0BKZ0IAI2T7B0RAZ/f3f6f28cfc7e1d68c74ea475e90aef3431feb6bb35f7abda96b9c543a4b733ef
https://links.sgx.com/1.0.0/corporate-announcements/0BKZ0IAI2T7B0RAZ/f3f6f28cfc7e1d68c74ea475e90aef3431feb6bb35f7abda96b9c543a4b733ef
PiRPiR ( Date: 17-Mar-2026 13:50) Posted:
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CapitaLand Integrated Commercial Trust?s manager, CICT Management, disposed of 14,121,303 ordinary voting units. The consideration was SGD 2.35 per unit.
Agree. This is a very resilient one.
MrBear12 ( Date: 24-Feb-2026 09:36) Posted:
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CapitaLand Integrated Commercial Trust (C38U) told investors at Citi?s 31st Annual Global Property CEO Conference on Mar, 02 2026 that its portfolio value rose 5.2% year on year to 27.4 billion Singapore dollars as at Dec, 31 2025, with 94% of assets in Singapore and the remainder in Germany and Australia.
For full-year 2025, net property income increased 3.1% to 1.1897 billion Singapore dollars, while distributable income advanced 14.4% to 860.9 million Singapore dollars. Distribution per unit climbed 6.4% to 11.58 Singapore cents. Aggregate leverage stood at 38.6%, and the average cost of debt eased to 3.2%.
The trust completed the acquisition of the remaining 55% interest in the 73-storey CapitaSpring for 1.045 billion Singapore dollars on Aug, 26 2025 and, in May 2025, divested a 45% stake in the property?s serviced-residence component for 126.0 million Singapore dollars. It has also agreed to sell Bukit Panjang Plaza for 428.0 million Singapore dollars, a deal expected to close in 1Q 2026, which will trim gearing to 37.6%.
CICT secured a government land sale at Hougang Central in Sep 2025 and will develop and fully own a commercial component of about 300,000 square feet of net lettable area at a projected cost of around 1.1 billion Singapore dollars, targeting completion in 2030/2031 and a yield on cost of more than 5%.
Ongoing asset enhancement initiatives include a 24 million Singapore dollars upgrade at Tampines Mall, a 37 million Singapore dollars project at Lot One Shoppers? Mall, and a 25 million Singapore dollars repositioning of Capital Tower?s ground-level urban plaza.
Portfolio occupancy was 96.9% as at Dec, 31 2025, with a weighted average lease expiry of 3.0 years. Retail rent reversions for 2025 were positive 6.6%, and average office rents in Singapore rose 2.1% year on year to 10.95 Singapore dollars per square foot per month.
Management said it will continue portfolio reconstitution, selective acquisitions and disciplined capital management, noting a debt maturity profile averaging four years and 74% of borrowings on fixed rates.
For full-year 2025, net property income increased 3.1% to 1.1897 billion Singapore dollars, while distributable income advanced 14.4% to 860.9 million Singapore dollars. Distribution per unit climbed 6.4% to 11.58 Singapore cents. Aggregate leverage stood at 38.6%, and the average cost of debt eased to 3.2%.
The trust completed the acquisition of the remaining 55% interest in the 73-storey CapitaSpring for 1.045 billion Singapore dollars on Aug, 26 2025 and, in May 2025, divested a 45% stake in the property?s serviced-residence component for 126.0 million Singapore dollars. It has also agreed to sell Bukit Panjang Plaza for 428.0 million Singapore dollars, a deal expected to close in 1Q 2026, which will trim gearing to 37.6%.
CICT secured a government land sale at Hougang Central in Sep 2025 and will develop and fully own a commercial component of about 300,000 square feet of net lettable area at a projected cost of around 1.1 billion Singapore dollars, targeting completion in 2030/2031 and a yield on cost of more than 5%.
Ongoing asset enhancement initiatives include a 24 million Singapore dollars upgrade at Tampines Mall, a 37 million Singapore dollars project at Lot One Shoppers? Mall, and a 25 million Singapore dollars repositioning of Capital Tower?s ground-level urban plaza.
Portfolio occupancy was 96.9% as at Dec, 31 2025, with a weighted average lease expiry of 3.0 years. Retail rent reversions for 2025 were positive 6.6%, and average office rents in Singapore rose 2.1% year on year to 10.95 Singapore dollars per square foot per month.
Management said it will continue portfolio reconstitution, selective acquisitions and disciplined capital management, noting a debt maturity profile averaging four years and 74% of borrowings on fixed rates.
CapitaLand Integrated Commercial Trust (SGX: C38U), or CICT ? Investing in Singapore's Tangible Expansion
If you have recently encountered difficulty finding a seat at a Bugis Junction food court or maneuvered through the weekend crowds at ION Orchard, you have witnessed the operational strength of Singapore's largest REIT.
For parents, it brings a particular satisfaction to know that each family visit to a CapitaLand mall for a meal also supports a business in which we hold a stake.
The trust's full-year 2025 performance was as sturdy as the customer lines at its properties, with distribution per unit growing a solid 6.4% to S$0.1158.
It is reassuring to observe that its property portfolio is nearly fully occupied, achieving a 96.9% occupancy rate overall and an even higher 98.7% for its retail spaces.
However, CICT is not merely passive in collecting rental income.
It is actively optimizing its portfolio by divesting older assets, such as Bukit Panjang Plaza, at a profit and reinvesting the proceeds into newer, higher-yielding properties.
This dynamic strategy resulted in a 6.6% positive rental reversion, demonstrating that despite the growth of digital commerce, businesses still highly value a presence in CICT's prime locations.
For investors, this translates into a more efficient and resilient source of income as we progress towards 2026.
If you have recently encountered difficulty finding a seat at a Bugis Junction food court or maneuvered through the weekend crowds at ION Orchard, you have witnessed the operational strength of Singapore's largest REIT.
For parents, it brings a particular satisfaction to know that each family visit to a CapitaLand mall for a meal also supports a business in which we hold a stake.
The trust's full-year 2025 performance was as sturdy as the customer lines at its properties, with distribution per unit growing a solid 6.4% to S$0.1158.
It is reassuring to observe that its property portfolio is nearly fully occupied, achieving a 96.9% occupancy rate overall and an even higher 98.7% for its retail spaces.
However, CICT is not merely passive in collecting rental income.
It is actively optimizing its portfolio by divesting older assets, such as Bukit Panjang Plaza, at a profit and reinvesting the proceeds into newer, higher-yielding properties.
This dynamic strategy resulted in a 6.6% positive rental reversion, demonstrating that despite the growth of digital commerce, businesses still highly value a presence in CICT's prime locations.
For investors, this translates into a more efficient and resilient source of income as we progress towards 2026.
three dollars.
to challenge ascendas.
to challenge ascendas.
seanpent ( Date: 24-Feb-2026 09:14) Posted:
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Broke out?
Singapore core inflation sees surprise drop to 1% in January
https://www.straitstimes.com/business/economy/singapore-core-inflation-sees-surprise-drop-to-1-in-january
Handle with extreme care any Reit mergers should CapitaLand, Mapletree merge
Don't risk destroying value of leaders CapitaLand Integrated Commercial Trust and CapitaLand Ascendas Reit
The fate of CapitaLand Investment's Reits will be closely watched should CapitaLand Group and Mapletree Investments merge. PHOTO: BT FILE
Published Feb 10, 2026 12:07 PM B8z Times
[SINGAPORE] Shareholders of CapitaLand Investment (CLI) could
be eagerly waiting for a merger of Temasek-held entities CapitaLand Group and Mapletree Investments to
be unveiled.
If the long-rumoured merger materialises, CLI should see a substantial boost in its funds under management.
===== paywall =====
Don't risk destroying value of leaders CapitaLand Integrated Commercial Trust and CapitaLand Ascendas Reit
The fate of CapitaLand Investment's Reits will be closely watched should CapitaLand Group and Mapletree Investments merge. PHOTO: BT FILE
Published Feb 10, 2026 12:07 PM B8z Times
[SINGAPORE] Shareholders of CapitaLand Investment (CLI) could
be eagerly waiting for a merger of Temasek-held entities CapitaLand Group and Mapletree Investments to
be unveiled.
If the long-rumoured merger materialises, CLI should see a substantial boost in its funds under management.
===== paywall =====
CapitaLand Integrated Commercial Trust: < First Take> FY25 Results - Wearing the crown
https://www.dbs.com.sg/treasures/aics/templatedata/article/recentdevelopment/data/en/DBSV/022026/CICT_SP_02062026.xml
Analysts see further upside for CICT on upcoming hougang central site development
https://www.theedgesingapore.com/capital/brokers-calls/analysts-see-further-upside-cict-upcoming-hougang-central-site-development
Will shorts lend a hand to its rally?
CapitaLand Integrated Commercial Trust&rsquo s H2 DPU rises 9.4% to S$0.0596
Distributable income up 16.4% at S$449 million
[SINGAPORE] The manager of CapitaLand Integrated Commercial Trust (CICT) on Friday (Feb 6) posted a distribution per unit (DPU) of S$0.0596 for the second half ended December, up 9.4 per cent from S$0.0545 in the year-ago period.
This brings DPU for the 2025 financial year to S$0.1158, up 6.4 per cent year on year. Based on the real estate investment trust&rsquo s (Reit) closing unit price of S$2.39 on Dec 31, 2025, CICT&rsquo s : C38U +2.94% distribution yield for the full year stood at 4.8 per cent.
The DPU growth came despite an enlarged unit base arising from a private placement last August. The H2 DPU consists of an advanced distribution of S$0.0135 a unit for Jul 1 to Aug 13, which was paid on Sep 18. The remaining DPU of S$0.0461 will be distributed on Mar 24, after the record date of Feb 16.
Distributable income for H2 rose 16.4 per cent to S$449 million, from S$385.7 million in the year-ago period.
The increase in DPU and distributable income was driven mainly by contributions from ION Orchard, the step-up acquisition of CapitaSpring&rsquo s commercial component, stronger performance from existing properties, and lower interest expenses.
However, it was partially offset by the sale of 21 Collyer Quay in November 2024, said the manager.
Revenue for H2 was up 4.7 per cent on the year at S$831.5 million, and net property income (NPI) was higher 6.8 per cent year on year at S$609.9 million.
For the full year, distributable income rose 14.4 per cent to S$860.9 million, from S$752.2 million previously. Revenue was up 2.1 per cent at S$1.62 billion, and NPI climbed 3.1 per cent to S$1.19 billion.
&ldquo We have deployed multiple growth levers to create value &ndash through asset enhancement initiatives (AEI), portfolio reconstitution and now a new development project,&rdquo said Tan Choon Siang, chief executive officer and executive director of the manager of CICT.
CICT to divest Bukit Panjang Plaza for S$428 million
A new AEI that the Reit is embarking on is at Capital Tower in Singapore. The S$25 million refurbishment, which will run from the third quarter of 2026 to Q4 2027, will reposition Level 9 into a community space and create a higher-yielding food and beverage (F& B) area on Level 1.
In Germany, CICT began carrying out an AEI on its 38-storey Grade-A office building Gallileo in February 2024. The progressive handover of office space to anchor tenant European Central Bank in December 2025 has made Germany a more stable market for the trust, said Tan. The second phase of handover is targeted for Q1 2026.
On divestments, Tan said at an earnings briefing that the trust will start reviewing some assets outside of Singapore, but that will depend on conditions in their respective markets.
As Gallileo will start contributing income to the Reit, there is no urgency to divest the asset, he added. Still, he pointed out that CICT has another German asset &ndash Main Airport Center, in which it holds a 94.9 per cent stake &ndash that could be considered for sale, depending on market conditions.
New development
CICT will be developing and owning 100 per cent of the commercial component of the Hougang Central site that it won alongside its joint venture partners CapitaLand Development, UOL : U14 +0.18%, Singapore Land : U06 -0.26% and Kheng Leong.
Spanning about 300,000 square feet of net lettable area, the project is &ldquo well-placed&rdquo to cater to the precinct&rsquo s sizeable and underserved catchment. It is expected to generate an attractive entry yield of over 5 per cent, said Tan, and will expand the trust&rsquo s retail presence in the north-east region.
He added that the development will not reduce distributable income or sacrifice NPI. While its gearing will increase, CICT is comfortable with the 37.6 per cent figure, following the sale of Bukit Panjang Plaza for S$428 million. This leaves sufficient headroom to fund the project without affecting other redevelopment initiatives.
As at end-December, the Reit&rsquo s gearing level stood at 38.6 per cent, down 0.6 percentage point from that recorded on Sep 30.
The average cost of debt was 3.2 per cent, and some 74 per cent of the Reit&rsquo s total borrowings are on fixed interest rates. As at Dec 31, CICT had an interest coverage ratio of 3.7 times.
When asked about interest in the northern region, Tan said the trust evaluates development opportunities case by case. &ldquo It always helps for us to expand our customer base&hellip The more malls we have across Singapore, the wider the selection and offerings we can provide.&rdquo
While there has been market talk that malls in the northern region could be affected by the upcoming RTS Link, Tan said CICT&rsquo s minimal exposure in the area means it is unlikely to be significantly affected, and visitor inflows could add vibrancy to the malls.
Growth drivers
For FY2025, the trust recorded an average reversion of 6.6 per cent for both its Singapore retail and office portfolios.
Although the H2 results demonstrated &ldquo solid all-around improvement&rdquo , Citi analyst Brandon Lee on Friday noted that a sequential slowdown in rental reversions for both office and retail implied a &ldquo certain level of friction in negotiating for higher rents during the current late part of an upcycle for both sectors&rdquo .
Leases executed in suburban malls in FY2025 had positive rental reversion of 7.2 per cent, accounting for 7.4 per cent of the Reit&rsquo s committed retail leases.
Downtown malls, such as Bugis Junction, posted positive rental reversion of 6.2 per cent, making up 13.1 per cent of committed leases.
Tenant sales per square foot (psf) across CICT&rsquo s retail portfolio rose 14.9 per cent on the year. Excluding ION Orchard, however, tenant sales psf growth was 1.2 per cent.
Retail portfolio occupancy remained strong at 98.7 per cent, while shopper traffic rose 20.5 per cent in FY2025.
While F& B closures have been grabbing headlines in the past year, CICT portfolio management head Lee Yi Zhuan said rental reversions of around 6 per cent are &ldquo digestible&rdquo , with most tenants able to sustain their operations provided that their business models are sound.
Those that fail would typically struggle even without rent increases, as modest escalations of 2 per cent are unlikely to affect business sustainability, he added.
CICT&rsquo s adjusted net asset value per unit was S$2.09 as at end-December, up 1 per cent from S$2.07 as at Jun 30.
Tan highlighted interest rates and the economy as key risks for 2026. While the Singapore Overnight Rate Average has eased and the Republic&rsquo s interest environment remains relatively stable, any uptick in global rates could put pressure on borrowing costs.
He noted that strong gross domestic product growth last year defied earlier recession forecasts, and continued government stimulus measures may influence retail demand in 2026.
I' m a happy man too. Hldg at $2.03X now. But from this 5.96c 2H payout, bear in mind that some has been given out earlier as Advanced Dividend.
On payout day in Mar this year, we will receive ONLY 4.61c per share, and not 5.96c.
On payout day in Mar this year, we will receive ONLY 4.61c per share, and not 5.96c.
Recent high of 2.44 on 28/10/25 and 13/1/26 turned support.
Delvyss ( Date: 06-Feb-2026 09:12) Posted:
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09:53 PM EST, 02/05/2026 (MT Newswires) -- CapitaLand Integrated Commercial Trust's (SGX:C38U) distribution per unit or DPU rose 9.4% to SG$0.0596 in the second half of 2025 from SG$0.0545 a year earlier, according to a Friday filing with the Singapore Exchange.
Distributable income climbed 16.4% to SG$449.0 million from SG$385.7 million a year ago.
Net property income was up 6.8% to SG$609.9 million from SG$571.1 million in the year-ago period.
Gross revenue increased 4.7% year over year to SG$831.5 million from SG$794.4 million. Visible Alpha had projected a revenue of SG$830.0 million for the period.
The trust's committed portfolio occupancy remained at 96.9%.
Shares of the trust were up nearly 4% in Friday trading.
Distributable income climbed 16.4% to SG$449.0 million from SG$385.7 million a year ago.
Net property income was up 6.8% to SG$609.9 million from SG$571.1 million in the year-ago period.
Gross revenue increased 4.7% year over year to SG$831.5 million from SG$794.4 million. Visible Alpha had projected a revenue of SG$830.0 million for the period.
The trust's committed portfolio occupancy remained at 96.9%.
Shares of the trust were up nearly 4% in Friday trading.