Listed in May 2004, CapitaLand Commercial Trust (CCT) has established itself to be the largest commercial REIT listed on the SGX. As at 30 September 2018, the REIT derives income from a portfolio of 10 commercial properties worth a total of S$ 11.1 billion. Presently, it remains one of the 30 constituents of the SGX.

In this article, I’ll bring you its latest financial results, growth opportunities, and valuation metrics to assess CCT’s investment potential at its current unit price.

#1: Annual Financial Results

CCT has achieved consistent growth in distributable income for the last 6 years. It increased from S$ 210.8 million in 2011 to S$ 288.9 million in 2017. Hence, it had grown its distributions per unit (DPU) from 7.52 cents in 2011 to 8.66 cents in 2017. Its growth was contributed by the stable increase in profits from main real estate namely, ...