Basic Profile & Key Statistics CapitaLand Integrated Commercial Trust (CICT) invests in mainly Retail and Office properties which currently owns 24 properties in Singapore and Germany.
Performance Review 4QFY20 gross revenue, NPI and distributable income increased by 36%, 36.4% and 26.8% YoY respectively due to the contributions from properties of CapitaLand Commercial Trust after the merger. 4Q DPU, on the other hand, decreased by 15.4% YoY.
Rental reversion for FY2020 is negative for retail but positive for office.
4Q tenants' sales recovered to average 94.5% despite shopper traffic only recovered to average 67.9%.
There are a few ongoing AEIs and development of CapitaSpring which are target to be completed by end of this year. All these would improve the CICT performance upon completion.

Lease Profile

Occupancy is slightly high at 96.4%.WALE is short at 3 years where the highest lease expiry of 28.8% falls in 2022.Weighted...