CapitaLand China Trust (SGX: AU8U)
CapitaLand China Trust, or CLCT, is a China-focused REIT with a portfolio of nine shopping malls, five business park properties, and four logistics park properties. These properties were valued at around RMB 23.9 billion as of 31 December 2024. Earlier last month, CLCT announced that it will be a joint strategic investor along with CapitaLand Mall Asia Limited (CMA) and CapitaLand China Holdings Pte Ltd (CLD). CLCT will sell CapitaMall Yuhuating, a Chinese shopping mall within its portfolio, to a new REIT, CapitaLand Commercial...The REIT sector appears to be on the mend.
With interest rates poised to head lower by the end of this year and inflation easing, REITs should enjoy some respite from the challenges faced in the last three years.
Many are not standing still, however.
Several REITs have announced corporate actions, acquisitions, and divestments to rejig their portfolios.
Here are three REITs you can watch out for this month.