On 25th April 2025, CICT (CapitaLand Integrated Commercial Trust) announced their 1Q2025 business updates. As this is a business updates, there will be minimal information shared regarding CICT’s financial performance. Currently, CICT makes up 9.08%, which is the largest percentage of my stock portfolio. In 1Q 2025, CICT’s gross revenue and net property income declined by 0.8% year-on-year largely due to the absence of income from 21 Collyer Quay which was divested on 11 November 2024. On a like-for-like basis, CICT’s 1Q 2025 gross revenue and net property income were up by 1.1% and 1.4%, respectively. The like-for-like basis assumes no income from 21 Collyer Quay in 1Q2024. Debt Moody’s Ratings has affirmed CICT’s A3 rating with a stable outlook on 5 September 2024. Moody’s A3 rating is a medium investment-grade credit rating. It signifies that the issuer has financial backing and some cash reserves, with a low risk of default. In terms of debt, CICT’s aggregate leverage stood healthy at 38.7%. Aggregate leverage, also known as...