Shares & Derivatives
CapitaLand Mall Trust and CapitaLand Commercial Trust Proposed Merger
By My Sweet Retirement  •  January 26, 2020
  Following the proposed merger between Frasers Logistics and Industrial Trust and Frasers Commercial Trust, another REIT announced their merger. On 22nd January 2020, CapitaLand Mall Trust and CapitaLand Commercial Trust announced their proposed merger. CapitaMall Trust currently has 15 properties in its portfolio while Capita Commercial Trust has 10 properties. With the proposed merger, the merged REIT will have a total of 24 properties. (Capita Commercial Trust has 60.0% of Raffles City while CapitaMall Trust owns the other 40%) With the merger, the properties are valued at S$22.9 billion. With the proposed merger, CapitaLand Commercial Trust holders will receive 0.72 CapitaMall Trust Units per CapitaLand Commercial Trust unit S$0.2590 in cash per CapitaLand Commercial Trust unit Pro Forma DPU Accretion CapitaMall Trust currently makes up 9% of my stock portfolio. I currently do not hold any CapitaLand Commercial Trust units thus I will not receive any new CapitaMall...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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