Listed on 11 May 2004, CapitaLand Commercial Trust (CCT) is the largest office REIT in Singapore. It owns and derives income from a portfolio of 10 properties worth S$10.6 billion as at 31 December 2018.

I recently received CCT’s latest 2018 annual report. Thus, I decided to write an update of CCT’s latest financial results, its plans to sustain growth in the near future, and its current valuation metrics. Here are 14 things to know about CapitaLand Commercial Trust before you invest.

Portfolio

1. CCT’s portfolio value has grown at an compound annual growth rate (CAGR) of 7.2% over the last 10 years, from S$5.7 billion in 2009 to S$10.6 billion in 2018. This is due to the capital appreciation of its existing properties and acquisition of prime office real estate, particularly over the last five years, including CapitaGreen, Asia Square Tower 2, and Galileo.

Source: CapitaLand Commercial Trust