CapitaLand Integrated Commercial Trust Review @ 16 February 2022
By REIT-TIREMENT  •  February 16, 2022
Basic Profile & Key Statistics CapitaLand Integrated Commercial Trust (CICT) invests in mainly Retail and Office properties which currently owns 23 properties in Singapore and Germany.
Performance Highlight Gross revenue, NPI and distributable income have increased YoY due to enlarged portfolio from the merger with CapitaLand Commercial Trust in October 2020. However, DPU is lower due to the enlarge unitholders base from merger.
Tenant Sales & Shopper Traffic

The shopper traffic and tenant sales for 4Q are similar to 3Q due to phase 2 heightened alert and stabilization phase which ended in 21 Nov. After which, some slight improvement achieved in 4Q. As compared to 2019 average, FY21 tenant sales has recovered to 87.8% despite shopper traffic at only 61.2%.
Rental Reversion

Rental reversion is at negative 7.3% if compare year 1 rents vs outgoing final rents and negative 3.2% if compare incoming average rents vs outgoing average...
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I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...

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