Shares & Derivatives
CapitaLand India Trust Review @ 3 May 2023
By REIT-TIREMENT  •  May 3, 2023
Basic Profile & Key Statistics Main Sector(s): Office & LogisticsCountry(s) with Assets: India No. of Properties (exclude development/associate/fund): 10 Key Indicators Performance Highlight Total property income and NPI increased YoY mainly due to high occupancy and contribution from Aurum Q1, Arshiya Warehouse 7 and Industrial Facility in Mahindra World City which were acquired between Nov 2021 to May 2022. Rental Reversion Besides ITPB, ITPC and aVance Hyderabad, rental reversion is positive for other properties. Acquisition ITPP-H acquisition was approved by unitholders at an EGM on 17 April 2023 and is expected in 1H 2023. Pipeline (3rd Party Forward Purchase) Construction for aVance 5 is completed and the rectification of the defects is in progress. The construction work for Casa Grande is expected to be completed by this year's end. Both the construction works for aVance A1 and Gardencity are expected to be completed by 2H 2024. Development There are 4 DC and ITPB MTB6 development projects on...
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By REIT-TIREMENT
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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