SINGAPORE (Dec 7): DBS Vickers Securities reiterates its “buy” call on CapitaLand Mall Trust (CMT) with an adjusted target price of $2.44, which now reflects a higher proportion of equity used to finance its acquisition of Westgate mall. In a Thursday report, analyst Carmen Tay say she expects ...

SINGAPORE (Nov 29): Maybank Kim Eng is maintaining “hold” on CapitaLand Mall Trust (CMT) with a higher price target of $2.20 compared to $2.15 previously, after raising distribution per unit (DPU) estimates by 1-7% to factor in the trust’s recently-completed acquisition of a remaining 70% int...

Submitted By:  Arianna Danganan Case Study:  No Rental growth could rise 2% supported by F&B and sports brands in 2019. CapitaLand Mall Trust’s (CMT) shar...

SINGAPORE (Nov 28): OCBC Investment Research is initiating coverage on Mapletree Commercial Trust (MCT) at “buy” with a fair value estimate of $1.79 after inputting financial forecasts and capital asset pricing model (CAPM) assumptions into its model. As at Nov 27, the research house sees poten...

Submitted By:  Luz Wendy Noble Case Study:  No Dairy Farm's returns soared to 19.2% YTD. The top five best performing Straits Times Index (STI) stocks saw avera...

SINGAPORE (Nov 14): CapitaLand reported 3Q18 earnings of $362.2 million, 13.6% higher compared to the earnings of $318.8 million in 3Q17. This brings 9M18 earnings to $1.29 billion, unchanged from 9M17. Revenue for the quarter dropped by 16.9% to $1.26 billion from $1.52 billion a year ago, mainly...

SINGAPORE (Nov 8): CapitaLand today announced the opening of NomadX: a double-storey, 11,000 sqft multi-label concept store at Plaza Singapura that puts forth “a new blend of physical and digital experience” with a combination of olfactory, audio-visual and other consumer experiences offered by...

SINGAPORE (Oct 29): Maybank KimEng and OCBC Investment Research are maintaining their “hold” calls on Capitaland Mall Trust (CMT) after the latter's 3Q18 results came in line with expectations. Gross revenue and NPI rose 0.7% and 1.1% y-o-y to $170.5 million and $122.7 million, respectively. Th...

Submitted By:  Arianna Danganan Case Study:  No The $789.6m purchase price for Westgate implies a property yield of 4.3% or $2,746 psf. CapitaLand Mall Trust's ...

CAPITALAND Mall Trust (CMT) has closed a private placement of more than 134 million new units at an issue price of S$2.07 per unit, raising gross proceeds of S$277.6 million.

CAPITALAND Mall Trust (CMT) has posted a third-quarter distribution per unit (DPU) of 2.92 Singapore cents, up 5 per cent from the same period a year earlier.

SINGAPORE (Oct 25): The manager of CapitaLand Mall Trust (CMT) is planning to launch a private placement of about 122 million new CMT units at an issue price of between $2.049 and $2.097 per unit. The issue price range of between $2.049 and $2.097 per unit represents a discount of about 2.52% and 4...

Submitted By:  Staff Reporter Case Study:  No DPU grew 5% to $0.292. CapitaLand Mall Trust recorded a net property income (NPI) of 1.1% YoY to $122.68m, an announce...

SINGAPORE (Oct 25): The manager of CapitaLand Mall Trust (CMT) has announced a 3Q18 DPU of 2.92 cents, 5% higher compared to the DPU of 2.78 cents declared for 3Q17. This came on the back of a 4.9% rise in 3Q18 distributable income to unitholders to $103.5 million from $98.7 million last year. For ...

CAPITALAND Mall Trust (CMT) has posted a third-quarter distribution per unit (DPU) of 2.92 Singapore cents, up 5 per cent from the same period a year earlier.

SINGAPORE (Oct 22): Michael Milken, the junk bond king of the 1980s, is still remembered as much for his role in developing the market for high-yield bonds as the securities violations that led to his paying massive fines, serving jail time and being permanently banned from the securities business....

SINGAPORE (Oct 12): Retail REITs have a chance to shine next year, says DBS Group Research, given consistently strong take-up rates for upcoming retail spaces this year which are a reflection of healthy demand in the retail arena. Ahead of its opening, Changi Airport Group announced Jewel has achiev...

SINGAPORE (Oct 10): CGS-CIMB Securities continues to rate Singapore REITs as “overweight” following media reports that home-grown electronics retailer Newstead Technologies is currently in liquidation. The retailer that also operated DigitalStyle, Nubox and @ notebook.com has stores located in N...

Submitted By:  Sandra Sendingan Case Study:  No The mall has yet to open but take-up rates for retail and office arms have already exceeded 50%. read more

SINGAPORE (Oct 1): CGS-CIMB Research is maintaining “hold” on CapitaLand Mall Trust (CMT) with an unchanged target price of $2.21, as it sees limited catalysts from the stock after factoring in expected contributions from the new Funan DigitaLife Mall, which is expected to open in 2Q19. The rese...

SINGAPORE (Sept 28): CapitaLand Mall Trust (CMT) on Friday announced that Funan will be opening Singapore’s first online-and-offline (O&O) shopping mall and its office components in 2Q19 instead of 3Q19 as scheduled. See: CapitaLand and WeWork co-create office of the future at Funan The O&...

SINGAPORE (Sept 10): CapitaLand Mall Trust (CMT) has been a safe harbour for investors and is starting to emerge as a growth play. And as the retail sector bottoms out, 2019 could be a chance for CMT to shine as full contributions from Westgate and the return of Funan takes DPU back on a multi-year ...

CREDIT ratings agency Moody's Investors Service on Thursday changed the outlook on all CapitaLand Mall Trust's (CMT) ratings from "stable" to "negative", following CMT's announcement earlier this week that it will acquire the remaining 70 per cent stake in ...

CREDIT ratings agency Moody's Investors Service on Thursday changed the outlook on all CapitaLand Mall Trust's (CMT) ratings to "negative" from "stable", following CMT's announcement earlier this week that it will acquire the remaining 70 per cent stake in...

CREDIT ratings agency Moody's Investors Service on Thursday changed the outlook on all CapitaLand Mall Trust's (CMT) ratings to "negative" from "stable", following CMT's announcement earlier this week that it will acquire the remaining 70 per cent stake in...