ENTITY

Capitaland Commercial Trust (CCT SP)

269

Analysis

Real Estate • Singapore

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.

more

Refresh

Focused

bullish•Singapore Press Holdings

•22 Oct 2019 00:00•Exchange-sponsored

September Quarter Earnings Schedule for STI Constituents

Last week, Mapletree Commercial Trust kick-started the quarterly reporting season for the constituents of the benchmark STI by releasing its...

Singapore Exchange Ltd (SGX)

1k Views

Share

bullish•CapitaLand Ascendas REIT

•18 Oct 2019 11:52•Exchange-sponsored

Chartbook: SREITs & Property Trusts - October 2019

SGX is one of Asia’s regional hub for Real Estate Investment Trusts (REITs) & Property Trusts. Based on the FTSE ST REIT Index, the dividend...

Singapore Exchange Ltd (SGX)

1.3k Views

Share

bullish•Mapletree Pan Asia Commercial Trust

•16 Oct 2019 14:25

Mapletree Commercial Trust Placement: Attractive in Context of Large-Cap S-REITs

Mapletree Commercial Trust (MCT SP) unveiled plans to raise around S$902.3 million through a private placement and preferential offering of new...

Arun George

444 Views

Share

bullish•Manulife US REIT (MUST)

•19 Sep 2019 15:54

Manulife US REIT Placement: Accretive Acquisition a Step Towards Index Inclusion

On Thursday, Manulife US REIT (MUST SP) unveiled plans to raise around $142 million through a private placement of new units ($0.849-0.876 per...

Arun George

448 Views

Share

Copyright © 2022 Smartkarma Innovations Pte Ltd. All Rights Reserved. v3.33.9

x