CAPITALAND Integrated Commercial Trust (CICT), formerly known as CapitaLand Mall Trust, has posted a 75 per cent increase in distribution per unit (DPU) to 5.18 Singapore cents for the first half ended June 30, 2021 from 2.96 cents for the year-ago period.

THE following companies saw new developments that may affect trading of their securities on Wednesday:

“I must stress we do not want to grow AUM for AUM’s sake. We are not, out of the blue, going to go into new asset classes where we have no inherent abilities,” says Lee Chee Koon, group CEO of CapitaLand, and CEO-designate of CapitaLand Investment (CLI). That is likely to differentiate CLI fro...

If everything goes according to plan, and shareholders vote in favour of the various inter-dependent resolutions at CapitaLand’s EGM and scheme meeting on Aug 10, CapitaLand Investment (CLI) is likely to make its debut on Sept 17. Based on the valuation of $4.102 each CapitaLand shareholder receiv...

On the evening of July 17, CapitaLand announced its Extraordinary General Meeting and the Scheme Meeting to be held by way of electronic means on Tuesday, August 10, 2021. The meeting's aim is to seek shareholders’ approval for the Proposed Strategic Restructuring and Listing of CapitaLand Investm...

Singapore companies are geared towards reopening, writes Maybank Kim Eng Research analyst Thilan Wickramasinghe. Of the 10 companies presenting at Maybank Kim Eng’s Invest Asean Singapore conference, the majority were “upbeat with a hint of caution” on growth prospects in 2021 and 2022. The 10...

SUNTEC Real Estate Investment Trust (Suntec Reit) has been busy buying office assets in the United Kingdom.

CapitaLand was formed from the merger of DBS Land and Pidemco in 2000. The two developers were holding a tad too much debt to grow in those distant days. In order to lighten its balance sheet, reinvest and “turn its capital over”, CapitaLand divested a handful of malls into Singmall Property Tru...

While the effects of the Covid-19 pandemic have brought about challenges for the real estate sector, certain opportunities have emerged and provided tailwinds for others, says the OCBC Investment Research (OIR) team in a June 15 sector update. For instance, the accelerated digitalisation processes a...

Maybank Kim Eng (MKE) analyst Chua Su Tye remains bullish on Singapore-listed REITs (S-REITs) given how they are still seen to give good yields, having gained about 2.4% m-o-m to outperform the market. This was boosted by a 20-30 basis points pull-back in the US Treasury 10-year yield since end-Apri...