On 25 April 2025, CapitaLand Integrated Commercial Trust (“CICT”) announced their first quarter business update for FY2025. CICT has managed to renew some of their existing borrowings, which has extended their debt maturity profile from the previous quarter. Do note that these borrowings seem to be renewed on floating interest rates, as the percentage of borrowings on fixed interest rate have decreased slightly. There are no other significant changes noted during this quarter. Investors can have a peace of mind while waiting for the next financial update.
In general, do note that there are some economic uncertainties that are currently occurring around the world. There is a need to monitor for all REITs if their tenants will be affected by changes in tariffs or interest rates over the next few quarters.
Disclaimer: Not financial advice. All data and information provided on this site is for informational purposes only.
Website: General Announcement::1Q2025 Business Updates
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