CapitaCommercial Trust (CCT) is Singapore’s first commercial real estate investment trust (REIT) listed on the SGX exchange, and is currently one of my favourite counter for dividend play. CCT owns 9 quality commercial buildings in the Central Area of Singapore. In addition, CCT has a 30% stake in Quill Capita Trust, a commercial REIT listed on Bursa Malaysia Securities Berhad that owns commercial properties in Malaysia. CCT also has a 7.4% stake in Malaysia Commercial Development Fund, CapitaLand‘s first and largest private estate fund.

A quick look at some of the numbers:

Gross Revenue (S$’000) – 391,911 (2.8% drop y-o-y)

Valuation of properties – S$5,475.4 mil (S$227.8 mil fair value gain)

NAV after distributable income to shareholders – S$1.47

Distribution per unit (DPU) for 2H2010 – 3.93 cents

CCT’s distribution yield – 5.2%

For the full financial report, please visit CapitaCommercial Trust website here.