- CapitaLand Integrated Commercial Trust reported DPU of 5.45 cents for 2H24 (flat y-o-y), marginally better than our expectation.
Growth from portfolio reconstitution.
- - Read this at SGinvestors.io -
- The acquisition of 50% stake in ION Orchard was completed on 30 Oct 24 and contributed for about two months.
ION Orchard strengthens positioning downtown.
- CapitaLand Integrated Commercial Trust achieved a positive rental reversion of 8.8% on an average incoming vs average outgoing basis for its retail properties in 2024 (downtown: 8.6%, suburban: 9.0%). Tenant sales psf grew 3.4% (downtown: 8.8%, suburban: 0.4%).
- - Read this at SGinvestors.io -
Higher occupancies for offices in Singapore and Australia.
- Read more at SGinvestors.io.
Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.
Jonathan KOH CFA UOB Kay Hian Research | https://research.uobkayhian.com/ 2025-02-06
Previous report by UOB:
2024-11-06 CapitaLand Integrated Commercial Trust 3Q24 - Increasing Dominance Of Singapore’s Retail Scene.
Price targets by 5 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
