Shares & Derivatives
4 Reasons to buy CapitaCommerical Trust
By The Journalist  •  February 15, 2011


CapitaCommercial Trust (CCT) is Singapore’s first commercial real estate investment trust (REIT) listed on the Singapore Exchange Securities Trading Limited. CCT owns 9 quality commercial buildings in Central Singapore and has 30% stake in Quill Capita Trust, a commercial REIT listed on Bursa Malaysia Securities Berhad. CCT also has a 7.4% stake in Malaysia Commercial Development Fund, Capitaland’s first and largest private real estate fund.

4 Reasons to buy CCT

  • The NAV calculated in the FY2010 financial report was an adjusted $1.47. The high NAV was mainly due to the revaluation of CCT’s properties as well as their divestment gains. At $1.41, CCT is currently trading below it’s NAV. From the chart below (extracted from CCT’s presentation), valuation of the properties are starting to turn upwards after 4 consecutive periods of decline. The NAV of CCT can be expected to increase should the trend continues.

  • Quill Capita ...
...
Read the full article
By The Journalist
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance