SGX Listed REIT

CAPITALAND COMMERCIAL TRUST (SGX:C61U)


SGD 1.790
0.000 / 0.00%
Share Price as of: 2018-12-14 10:32
Market / ISIN Code: SGX Mainboard / SG1P32918333
GICS® Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Office REITs


Capitaland Commercial Trust Blogger ArticlesCAPITALAND COMMERCIAL TRUST Blogger Articles SGX Listed CAPITALAND COMMERCIAL TRUST (SGX:C61U) Blogger Articles C61U.SI Blogger Articles
The Motley Fool Singapore
Jeremy Chia
2018-12-12 10:58:04
Better Buy: CapitaLand Commercial Trust or Suntec Real Estate Investment Trust?
Office market rents in Singapore have been on the rise. That’s a growth opportunity for real estate investment trusts (REITs) such as Suntec Real Estate Investment Trust (SGX: T82U) and CapitaLand Commercial Trust (SGX: C61U). The two are among the largest commercial REITs listed in Singapore and have a line-up of some of the most recognised office buildings in Singapore. While I can’t tell for certain which REIT will provide investors with higher returns, we can examine crucial aspects of their business to see which one you would be more comfortable adding to your portfolio. Financial health The first aspect we will compare is the financial health of the REITs. In particular, I will take a look at the debt-to-asset ratio which tells me how much debt headroom the two REITs have.  Sun
The Motley Fool Singapore
Jeremy Chia
2018-12-11 13:32:08
Can CapitaLand Commercial Trust Increase Its Distribution Per Unit In The Coming Years?
Singapore office rental rates are on the rise. As a large landlord of prime office space in Singapore, CapitaLand Commercial Trust (SGX: C61U), could stand to benefit. While Capitaland Commercial Trust’s year-to-date results may have disappointed some investors due to its lower distribution per unit (DPU), its most recent quarter showed a markedly improved performance and could be a signal that a turnaround is on the cards. Here are three reasons I am optimistic that CapitaLand Commercial Trust can increase its DPU going forward. Contribution from acquisitions CapitaLand Commercial Trust may have acquired Asia Square Tower Two back in November last year, but it has only just received its maiden dividends from the wholly-owned subsidiary that owns the building. In addition, the trust ac
The Motley Fool Singapore
Lawrence Nga
2018-12-06 12:38:23
2 Things That Investors Should Know CapitaLand Commercial Trust Now
CapitaLand Commercial Trust (SGX: C61U) is one of the largest commercial real estate investment trusts (REITs) in Singapore by market capitalisation that is managed by CapitaLand Limited (SGX: C31). The REIT has ownership over nine commercial properties in Singapore and one property in Germany. There are two things to know about the REIT right now: its latest financial performance and valuation. Financial performance Here is a table showing important items from CapitaLand Commercial Trust’s financial performance for the third quarter of financial year ending 31 December 2018. Source: CapitaLand Commercial Trust Results Presentation The year-on-year improvements in gross revenue and net property income (NPI) were due to strategic acquisitions of Asia Square Tower 2 and Gallileo (the pro
DollarsAndSense.sg
Dinesh Dayani
2018-12-03 23:44:28
S-REIT Report Card: Here’s How Singapore REITs Performed In Third Quarter 2018
Against the backdrop of a rising interest rate environment, REITs seem to be one of the obvious losers. This is because REITs are asset-heavy investments that require high levels of leverage, borrowing substantial amounts of money to purchase properties that they subsequently rent out. Read Also: Increasing Interest Rates In 2018: Here Are 4 Ways Singaporeans Will Be Affected In Singapore, there are currently 39 listed REITs and a further nine business trusts (of which six are property related). On average, they have a debt to asset ratio of just under 35%. With rising interest rates, REITs will have to fork out more in interest payment, potentially reducing the distributions they can pay to investors. How REITs Have Performed In YTD 2018 To gauge the performance of REITs in 2018, we can l
Aspire
Lim Si Jie
2018-11-26 13:51:58
Getting Defensive With REITs (Part 1)
Tides seemed to have turned and the market appears to be on the verge of a correction. The outlook for December is getting ominous and investors should be prepared. According to RHB, it is now time to start getting defensive with REITs as the macroeconomic environment becomes more volatile amidst the threat of faster rate hikes from the Fed. RHB: REIT Outlook By Sub-Sector Hospitality Hospitality REITs have been underperforming over the last two years due to a steady decline in hotel revenue per available room (RevPAR) post the 2012 peak. RHB notes that this decline was mainly driven by high hotel supply growth. For the last four years, hotel supply in Singapore has been growing at 4-5 percent per annum, which exceeds the 1-3 percent demand growth. However, going forward, RHB believes t
The Motley Fool Singapore
Sudhan P.
2018-10-26 16:37:02
CapitaLand Commercial Trust’s 2018 Third Quarter Earnings: Distribution Grows By 9%
This morning, CapitaLand Commercial Trust (SGX: C61U) announced its financial results for the third quarter of 2018. As a quick introduction for context later, CapitaLand Commercial Trust is Singapore’s first and largest commercial real estate investment trust (REIT). Its portfolio currently comprises nine office properties in Singapore, and one in Frankfurt, Germany, which was acquired in June 2018. Let’s look at some key takeaways from the REIT’s latest earnings update: 1. Gross revenue for the reporting quarter climbed 35.6% year-on-year to S$100.5 million while net property income (NPI) improved by 37.3% to S$80.4 million. The excellent performance was mainly due to the acquisitions of Asia Square Tower 2 and Gallileo (the German property), which more than offset the loss of
The Fifth Person
Adam Wong
2018-10-19 18:25:42
5 things to know before you invest in the Phillip SING Income ETF
A year ago, Phillip Capital Management, along with Lion Global Investors, launched the Lion-Phillip S-REIT ETF. The ETF aimed to give investors a way to invest in a diversified basket of Singapore REITs (S-REITs) which paid a steady stream of distributions. (At the moment, the average distribution yield for S-REITs is 6.8%.) The ETF was met with a largely positive response from the market – Lion Global Investors and Phillip Capital Management initially aimed to raise S$40-50 million but exceeded their target when the fund raised over S$100 million last October. Capitalizing on the Singapore market’s appetite for yield, Phillip Capital Management has now launched the Phillip SING Income ETF. The initial offer period for the ETF will close at 11:00 a.m. on 19 October 2018 before its list
The Motley Fool Singapore
Sudhan P.
2018-10-04 14:39:23
How CapitaLand Limited Is Gearing Towards the Future Office Trend
Commercial tenants are no longer only looking for conventional office spaces for their businesses. Co-working spaces are increasingly becoming the norm in the commercial real estate market. To tap on to the growth of the co-working space, property giant, CapitaLand Limited (SGX: C31), recently announced that it is embarking on a new strategy. CapitaLand’s “office of the future” strategy, as it is called, involves combining a building’s conventional office space (core) and flexible space (flex) to create innovative workplace solutions. For the flexible space, co-working space is one of the types. With this new core-flex offering, tenants can have the flexibility to change their requirements as they wish. Capital Tower and Asia Square Tower 2, which are under CapitaLand Commercial Tr
The Motley Fool Singapore
Sudhan P.
2018-10-03 11:15:00
The Phillip SING Income ETF: A New Option for Income-Hungry Singapore Investors
With an aim to address the common-man-investor’s problem of being sucked into dividend traps, Phillip Capital Management is offering a new exchange-traded fund (ETF) to provide income-hungry investors with an ability to invest in a diversified group of quality dividend companies in one fell swoop. The Phillip SING Income ETF (SGX: OVQ), as it is called, is Phillip Capital’s third ETF in Singapore’s stock market. The new ETF was launched yesterday, and The Motley Fool Singapore was invited to an exclusive media briefing for the launch-event. The Phillip SING Income ETF aims to fully replicate the Morningstar Singapore Yield Focus Index. The 30-stock index selects Singapore-listed companies based on three main factors: business quality; financial health; and dividend yield. In
The Motley Fool Singapore
Chin Hui Leong
2018-09-25 14:22:45
1 REIT That Has Outperformed The Market By Over 2X
Singapore’s Straits Times Index (SGX: ^STI) plays host to 30 of the largest companies in the Lion City. But one company has beaten the market’s returns by over two times in the last three years. CapitaLand Commercial Trust (SGX: C61U) is the owner of nine premium commercial buildings in Singapore, and has delivered a solid 32% return over the last three years. In contrast, the broader market STI posted 14% in returns over the same period. A Closer Look Let’s have a look at CapitaLand Commercial Trust’s financials to see how it has been doing. We can start with its distributable income and distribution per unit.   Source: Capitaland Commercial Trust Presentation Between 2004 and 2017, CapitaLand Commercial Trust has been growing its distributable income with a compoun
Aspire
Lim Si Jie
2018-09-24 13:23:38
3 Quality REIT Gems For Income Seekers
For a period of time, investors have been avoiding REITs for the fear of the impact of the Fed’s interest rate hike. Now, it seems that the time has come for REITs to feature more prominently in investors’ portfolio. In this article, we will focus on three quality REIT gems that DBS thinks every investor in the Singapore market need to have in your portfolio. Investors Takeaway: 3 Quality REIT Gems For Income Seekers Ascendas REIT According to DBS, A-REIT is one of the must-have REITs in Singapore. Despite its premium pricing, DBS thinks that Ascendas REIT (A-REIT) is worth accumulating as it offers a steady growth of around one percent in distribution per unit (DPU). The steady growth in DPU is supported by A-REIT’s solid portfolio and the manager’s ability to acquire creat
DollarsAndSense.sg
Lionel Loi
2018-09-16 10:09:30
4 Stocks This Week (S-REITs) [14 September 2018] Ascendas India Trust; CapitaLand Commercial Trust; Mapletree Commercial Trust; Starhill Global REIT
On Wednesday, Apple unveiled the iPhone XS, XR and the Apple Watch Series 4. In the same week, Apple Singapore listed new job postings for retail staff for a location in the East, fuelling speculation that Apple is opening its second official store, after Apple Orchard Road, its first in Southeast Asia, opened to much fanfare in May 2017. If this is true, the move will increase Apple’s demand for physical retail space. This runs counter to many brick-and-mortar retailers in Singapore, who are increasingly looking to expanding their online presence for growth. For example, DIY chain Home-Fix has reduced its number of physical stores in Singapore from 26 to 16 since 2016, but actively bolstered the company’s online presence. Retail landlords are also feeling the sting from a cooling comm
The Motley Fool Singapore
Chin Hui Leong
2018-09-13 08:56:41
The Most Important Blue-Chips In Singapore’s Stock Market: CapitaLand Group
There are close to 750 companies in the Singapore stock market. But only a select few are important enough to be part of Singapore’s Straits Times Index (SGX: ^STI). The STI is made up from 30 of the largest listed companies on the Singapore stock market. These blue-chip companies come from a variety of industries and sectors. However, there is one family of companies which hold a greater clout on STI compared to most other companies. Let’s a closer look at CapitaLand Limited (SGX C31) in this article (data as of end of August 2018): 1. CapitaLand is the one of the largest real estate companies in Asia with assets under management (AUM) totalling a staggering S$93 billion. The property developer has built many iconic buildings around the world, including Ion Orchard in Singapore,
The Motley Fool Singapore
Chin Hui Leong
2018-09-07 11:47:23
Singapore’s Top 5 Performing Blue-Chip Stocks
Singapore’s Straits Times Index (SGX: ^STI), which hosts 30 of the largest companies in Singapore, has fallen by over 8% since the start of the year. But it’s not all doom and gloom. If we lengthen our horizon from months to years, we will see that a good number of STI companies have actually done quite well. In fact, a recent SGX report revealed that the top five performing companies in the index had returned over 77% on average over the past three years. Let’s have a look at the select quintet (data as of 30 August 2018): 1. Venture Corporation Ltd (SGX: V03) shares has delivered a stunning 154% return over the last three years. Founded in 1984 as a global electronics provider, Venture Corporation now sees itself as a global provider of technology solutions, products
Aspire
Lim Si Jie
2018-09-04 15:07:41
2Q18 Report Card – How Did The SG Market Fare?
Out of the universe of Singapore-listed companies that reported 2Q18 earnings, 29 percent bested UOBKH’s expectations. This is almost double of last quarter’s 15 percent, which makes 2Q18 one of the highest level of beats since 4Q16. In this article, we dive into the sector analysis of some of the top performing and underperforming sectors in 2Q18. UOBKH SG Report Card: How Did Each Sector Fare? Banks: Solid Performance But Outlook Affected By Uncertainty The banks managed to deliver solid earnings result in 2Q18. However, OCBC came out on top of DBS in this quarter by beating expectations. DBS uncharacteristically fell marginally below expectations but still managed to deliver on net interest margin (NIM) expansion. In that aspect, OCBC was still lagging behind with some catching u
DollarsAndSense.sg
Sim Kang Heong
2018-09-02 12:00:20
4 Stocks This Week (STI Biggest Gainers) [31 August 2018] CapitaLand; SPH; CCT; Jardine C&C
With uncertainty about how escalating trade tensions between the US and China will play out, investors have been more risk-adverse, concerned about broader ripple effects on global economic growth. The same has been observed in the Singapore market. As you know, the Straits Times Index (STI) is made up of 30 of the largest and most liquid stocks listed on the Singapore Exchange (SGX). Last year saw one of the most amazing bull runs in recent years, with STI generating total returns of 22% in 2017. The good times came to an end in 2018 as the market corrected pretty dramatically, with the STI generating a total return of -2.3% in 1H18. This was followed by a modest recovery, with a total return of 0.1% in 2H2018 to date. The 6 best-performing STI stocks that led the STI recovery for 2H2
The Motley Fool Singapore
Lawrence Nga
2018-08-31 14:31:39
Institutional Investors Have Been Selling These 3 Stocks
There are many ways to find investment ideas. Some useful ways are to screen for stocks or to look at a list of stocks near their 52-week lows to sieve out potential bargains. Studying what institutional investors have been buying or selling is another avenue. Institutional investors are typically large investment organisations, such as hedge funds, mutual funds, unit trust companies, sovereign wealth funds, insurance companies and so on. These investors tend to possess vastly greater resources than individual investors like you and me when researching stocks. Hence, it may be useful to keep a close eye on what they are doing, as a way to generate ideas. In this article, I will look at three Singapore stocks (among the top ten stocks) that have seen the highest net disposal in dollar value
The Motley Fool Singapore
Lawrence Nga
2018-08-31 11:45:33
Here Are 2 REITS That Have Delivered Mixed Results In Their Latest Earnings Updates
We’re near the end of the current earnings season. As is common with every earnings season, there will be some real estate investment trusts (REITs) posting growth, some REITs posting mixed numbers, and some REITs experiencing declines. So, which are the REITs that have recently reported mixed numbers? Let’s look at two of them: 1. In late July, CapitaLand Commercial Trust (SGX: C61U) released its 2018 second quarter earnings update. As a quick introduction, CapitaLand Commercial Trust is one of the largest commercial REITs in Singapore by market capitalization. It currently owns 10 commercial properties in Singapore and one office asset in Germany. In the second quarter of 2018, CapitaLand Commercial Trust reported a 12.0% year-on-year increase in revenue to S$98.0 million. Similarly
PropertyInvestSG
David
2018-08-29 21:45:01
Completion of Twenty Anson divestment by Capitaland Commercial Trust
Capitaland Commercial Trust (CCT) has announced the completion of the divestment of Twenty Anson. The sale was originally announced on 29 June 2018, with CCT mentioning the sale consideration of S$516 million or S$2,503 per sqft based on the building’s net lettable area. On the divestment, Mr Kevn Chee, CEO of the Manager, said “The divestment of Twenty Anson is in line with CCT’s proactive strategy to reconstitute the Trust’s portfolio and optimize returns for unitholders”. Assuming net divestment proceeds are used to repay existing debt, CCT’s pro-forma aggregate leverage would drop from 37.9% as at 31 March 2018 to 34.5%. (adsbygoogle = window.adsbygoogle || []).push({}); Principal terms of the sale and purchase agreement In the announcement by C





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