Shares & Derivatives
CapitaLand Commercial Trust (SGX: C61U) Share Price At S$2.09: Is It a Buy?
By Seedly  •  January 14, 2020

CapitaLand Commercial Trust‘s (SGX: C61U) share price (or technically unit price for REITs) is currently at S$2.09.

At that price, CapitaLand Commercial Trust has a price-to-book (PB) ratio of 1.1 and a distribution yield of 4.2%.

The distribution yield looks low, but could there be more to this REIT than meets the eye?

To answer that question, let’s analyse CapitaLand Commercial Trust using my 10-step guide to pick the best Singapore REITs.

As a summary, here are the 10 steps I use to pick the best Singapore REITs:

Growth in Gross Revenue and Net Property Income Growth in Distribution Per Unit Property Yield of Between 5% and 9% Gearing Ratio of Below 40% Interest Coverage Ratio of Above 5x Healthy Portfolio Occupancy Rate Positive Rental Reversions Presence of Growth Prospects Acceptable Price-to-Book Ratio Distribution Yield of Above 5% Business Background

Before we dive into analysing CapitaLand Commercial Trust, let’s

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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