- 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 the excerpt from report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full report in PDF @ 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
