The developer behind some of Singapore’s most famous landmarks, such as Raffles City and Clarke Quay, has gone ahead and rebuilt itself. The restructuring tells us something about what it is that excites shareholders in the Asian financial centre nowadays — and gives a taste of what is to come i...

CITI Research has started a 90-day "positive catalyst watch" on CapitaLand Integrated Commercial Trust (CICT) in view of a distribution-in-specie (DIS) overhang removal, as well as potential operational improvement in Q4 FY2021 and distribution per unit (DPU) accretive acquisitions...

CITI Research has started a 90-day "positive catalyst watch" on CapitaLand Integrated Commercial Trust (CICT) in view of a distribution-in-specie (DIS) overhang removal, as well as potential operational improvement in Q4 FY2021 and distribution per unit (DPU) accretive acquisitions...

CAPITALAND Investment (CLI): (9CI) The real estate investment manager will be making its debut on the Singapore Exchange (SGX) on Monday with CapitaLandInvest as its trading name. It takes over from CapitaLand Limited, which on Sept 9 ceased trading at S$4.00 and will delist from the SGX on ...

Maybank Kim Eng analyst Thilan Wickramasinghe believes that new measures to support the domestic economy market could potentially catalyse a “longer-term reshaping” of the Singapore Exchange’s (SGX) listing mix. In a Sept 16 research note, Wickramasinghe says the move could see a shift away ...

Which REIT has the highest fees? Does having an internal manager help? And what is the impact of having a strong sponsor? We crunch the numbers for you Fees paid to REIT managers can be a touchy subject but we will attempt to poke the subject with a stick in this issue. Firstly, we have updated our ...

Maybank Kim Eng analysts Thilan Wickramasinghe and Gene Lih Lai are convinced that a new phase is about to unfold for the Straits Times Index (STI). In a Sept 7 research note, the analysts note that earnings momentum is losing some steam, with half of Maybank Kim Eng’s coverage sectors witnessing ...

Since Sept 2002, which is as far back as the FTSE REIT Index goes, REITs have outperformed the Straits Times Index by two times. Including distributions reinvested, the FTSE REIT Index has gained 520% these 20 years while the STI, with dividends reinvested, is up just 242%. In the past 10 years, the...

Analysts at Maybank Kim Eng, OCBC Investment Research and UOB Kay Hian are positive on the Singapore REITs (S-REITs) under their coverage. While OCBC analyst Chu Peng has not given an overall recommendation for the sector, Maybank Kim Eng analyst Chua Su Tye has maintained “positive” on S-REITs....

THE manager of CapitaLand Integrated Commercial Trust (CICT) on Monday announced it was appointing two non-executive independent directors (IDs) with immediate effect.