- CICT’s acquisition of a 50% stake in ION Orchard reinforces its position as the leader in Singapore’s commercial real estate market. Announced on 3rd September 2024, the acquisition was funded through a S$1.1 billion equity fundraising exercise, which was oversubscribed reflecting strong investor confidence in its active strategy. This strategic move not only deepens CICT’s presence in
As the largest proxy for Singapore commercial real estate, CapitaLand Integrated Commercial Trust (CICT) owns and invests in quality income-producing retail and office assets, primarily located in Singapore. Its portfolio comprises 21 properties in Singapore, two in Frankfurt, Germany, and three in Sydney, Australia, with a total property value of S$26.0 billion, based on valuations of its proportionate interests as of 31 December 2024.
I attended CICT’s recent annual general meeting (AGM) to gain insights into its performance over the past year and its outlook for the retail and office sectors. Here are 10 key takeaways from the 2025 CICT AGM.