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CapLand IntCom T Last:2.27

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CICT - New Directions Together

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bxylqwan 26-Oct-2022 11:30
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Lol 1.7x was dirt cheap

vicloo 25-Oct-2022 12:14
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What your prediction, waiting to buy in again if dropping back under 1.8.

Stocky901 ( Date: 19-Oct-2022 14:27) Posted:

Heavily shorted down before business update & results on Friday. 😏 😏

vicloo 25-Oct-2022 10:27
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Cashed out at 1.82, for some kopi money 🤑

vicloo ( Date: 21-Oct-2022 13:22) Posted:

Back in possition 1.76 today 😉 👍 👍

Stocky901 ( Date: 21-Oct-2022 09:16) Posted:

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vicloo 21-Oct-2022 13:22
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Back in possition 1.76 today 😉 👍 👍

Stocky901 ( Date: 21-Oct-2022 09:16) Posted:

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Stocky901 20-Oct-2022 19:22
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Price very well controlled by syndicate BBs.. 🤨 🤨

superstartup 19-Oct-2022 14:51
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US 10 Year Bond yield moving up during today local trading time
Hence all reits though opened up in the morning, started trending down

Stocky901 19-Oct-2022 14:27
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Heavily shorted down before business update & results on Friday. 😏 😏

vicloo 29-Sep-2022 18:42
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Back in the game at 1.88 👍 👍 👍 . Good price point to start collecting slowly

Stocky901 ( Date: 26-Sep-2022 09:34) Posted:

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vicloo 24-Sep-2022 08:33
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Anyone buying? Going to 2 value line soon 😜 👍 👍 👍

Joelton 29-Jul-2022 08:58
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CICT first-half DPU up 0.8% on Singapore reopening, acquisitions

CapitaLand Integrated Commercial Trust (CICT) got a first-half income boost from Singapore' s reopening and its own efforts to reconstitute its portfolio of assets.

CICT on Thursday (July 28) posted a 0.8 per cent increase in distribution per unit (DPU) to 5.22 cents for the six months to June.

Net property income for the period rose 6.2 per cent to $501.6 million, driven by CICT' s acquisition of a 70 per cent interest in the CapitaSky development in Robinson Road and three Australian assets, as well as higher rental income.

This was partly dampened by its divestment of JCube mall and a 7.2 per cent rise in property operating expenses to $186 million.

The trust' s aggregate leverage was higher at 40.6 per cent as at end-June, compared with 37.2 per cent as at the end of 2021, due to the acquisitions. Its interest cover remained unchanged at 4.1 times.

Some 81 per cent of its total borrowings were on fixed rates, with an average term to maturity of 4.4 years. The average cost of debt is 2.4 per cent per annum.

Committed portfolio occupancy stood at 93.8 per cent as at end-June, with about 1.7 million sq ft of new leases and renewals in the first half of the year. This comprises 600,000 sq ft of retail space and 1.1 million sq ft of office space. Notable tenants include Lululemon at Raffles City Singapore and Rakuten Asia at CapitaGreen.

" We continue to see CICT' s portfolio recovery, in line with the reopening of Singapore' s borders and easing of Covid-19 community measures. Riding on the positive momentum, CICT' s operating metrics, including tenant sales, shopper traffic, atrium space take-up and return of office community, have recorded improvements," said Mr Tony Tan, chief executive of the trust manager.

Mr Tan anticipates higher occupancy levels for the hotels at Raffles City Singapore and the serviced residence at CapitaSpring.

CapitaSky and the Australian assets are also expected to lift third-quarter portfolio performance. Over in Australia, there is a " flight to quality" , which resulted in increases in face rents in core location buildings, the trust noted in its earnings report.

CICT will be refreshing its malls, with more than 50 new stores at Raffles City Singapore following its asset enhancement initiative (AEI) and 10 new brands at Bugis Junction and Bugis+. As recently announced, it is also embarking on a $62 million AEI to transform CQ @ Clarke Quay.

CICT will continue to explore opportunities that fit its strategic investment criteria, Mr Tan added.

hokpin 05-Jan-2021 13:53
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SGD 2.21 now!

Hector 04-Jan-2021 17:47
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lets continue to see up trend for CICT with strong buying

Starship 04-Jan-2021 17:35
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10 stocks to watch in 2021
Monday, January 4, 2021 - 05:50

CICT

The 2020 merger between CapitaLand Mall Trust and CapitaLand Commercial Trust created the biggest real estate investment trust (Reit) in Singapore and the third largest in Asia-Pacific, with a market capitalisation of more than S$13 billion.

Investors will expect the enlarged Reit to deliver on promises of a lower cost of capital and synergies between its retail and office portfolios.
As the biggest publicly-listed commercial landlord, CICT will also be a good proxy for the recovery in commercial real estate as borders reopen.

CICT will need to repurpose its retail space and reimagine its office space for the post-Covid world.
CapitaSpring, a new development on the former Golden Shoe Car Park site, will also be completed in 2021 and begin contributing to income.

https://www.businesstimes.com.sg/sites/default/files/attachment/2021/01/04/BT_20210104_STOCKSTOWATCHF_4391215.pdf

bystander1965 04-Jan-2021 16:39
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Finally touched 2.20

GreenTrap 28-Dec-2020 20:29
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bumpy ride (short term)

moron101 23-Dec-2020 15:39
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DJ future turned green liao 👍 👍 huat ah.

GreenTrap 23-Dec-2020 09:26
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Bounce back after 28 Dec?

GreenTrap 22-Dec-2020 17:02
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Hopefully?

moron101 ( Date: 22-Dec-2020 16:31) Posted:

Wait for phase3 reopening $2.50 all huat till drop 😀 😀

moron101 22-Dec-2020 16:31
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Wait for phase3 reopening $2.50 all huat till drop 😀 😀

GreenTrap 22-Dec-2020 13:27
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no power..

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CICT - New Directions Together