ENTITY
Capitaland Commercial Trust

Capitaland Commercial Trust (CCT SP)

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Analysis
Real EstateSingapore
CapitaLand Commercial Trust (CCT or the Trust) was the first commercial (office) REIT listed on Singapore Exchange Securities Trading Limited (SGXST) with a market capitalisation of S$7.7 billion as at 31 December 2019. CCT aims to own and invest in quality, income producing commercial real estate and real estate-related assets, to secure stable earnings and ensure sustainable returns to unitholders of CCT (Unitholders). CCT remains predominantly focused in Singapore and the Manager has guided that CCT will look to invest in key gateway cities in other developed markets over time. CCT’s overseas exposure is currently in Germany and accounts for 8% of its portfolio property value. The total deposited properties of CCT was S$11.8 billion as at 31 December 2019, comprising a portfolio of 10 prime commercial properties in Singapore and Germany, including joint ventures. Listed on SGX-ST since 11 May 2004, CCT was created through a distribution in specie by Singapore-listed CapitaLand Limited (CapitaLand) to its shareholders. The Trust is managed by CapitaLand Commercial Trust Management Limited (CCTML, or the Manager), which is a wholly owned subsidiary of CapitaLand, one of Asia’s largest diversified real estate groups.
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23 Jan 2020 15:03

CCT+CMT: Is It Really a Merger of Equals? Solving CMT's Problem

Capitaland Mall Trust (CT SP) and Capitaland Commercial Trust (CCT SP) announced on 22nd Jan 2020 that the two would merge by way of a trust scheme...

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23 Jan 2020 10:22

CMT/CCT Merger (CapitaLand Integrated Commercial Trust): Big Is Back

Capitaland Mall Trust (CT SP)/CMT announced the proposed merger with Capitaland Commercial Trust (CCT SP)/CCT which will be carried out by way of a...

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22 Jan 2020 14:41

Capitaland Mall and Commercial REIT Merger - It's BIG

A bit more than 18 months after the first Singapore REIT merger (Viva Industrial and ESR REIT) which was seen as a catalyst for S-REIT...

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22 Jan 2020 13:50

CapitaLand Integrated Commercial Trust - Index Implications

Earlier today, Capitaland Mall Trust (CT SP) and Capitaland Commercial Trust (CCT SP) announced a proposed merger by way of a trust scheme of...

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20 Jan 2020 00:00Exchange-sponsored

Active Stocks in Early Jan - AusGroup Led Returns & Turnover Growth

Singapore’s 50 most actively traded stocks of early 2020 averaged a 2% return over the first 12 sessions of January, with performances led by...

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