- While the macro outlook is uncertain, CapitaLand Integrated Commercial Trust’s Singapore-centric resilient earnings profile, strong credit and FY24E 5.9% yield provide comfort. Maintain BUY.
Growing top line
- - Read this at SGinvestors.io -
Strong reversions, but lower occupancy
- Portfolio occupancy was 97.0% vs 97.3% in prior quarter. While retail and integrated developments saw occupancy inching up, office occupancy slipped by a percentage point led by Capita Green. CapitaLand Integrated Commercial Trust's management indicated vacancy is likely to be transitory.
- - Read this at SGinvestors.io -
Upbeat on reversions
- Read more at SGinvestors.io.
Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.
Krishna Guha Maybank Research | https://www.maybank-ke.com.sg/ 2024-04-21
Read also Maybank's most recent report:
2026-04-26 CapitaLand Integrated Commercial Trust - Strength In Size.
Previous report by Maybank:
2026-04-20 CapitaLand Integrated Commercial Trust - Continued Reconstitution; Accretive Portfolio Recycling.
Price targets by 2 other brokers at CapitaLand Integrated Commercial Trust Target Prices.
Listing of research reports at CapitaLand Integrated Commercial Trust Analyst Reports.
Relevant links:
CapitaLand Integrated Commercial Trust Share Price History,
CapitaLand Integrated Commercial Trust Announcements,
CapitaLand Integrated Commercial Trust Dividend Payout Dates & Corporate Actions,
CapitaLand Integrated Commercial Trust News
