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•Thematic (Sector/Industry)

•20 Dec 2018 21:16

Singapore REIT – 4 Investment Themes for the S-REIT Sector in 2019

Singapore real estate investment trusts (“S-REITs”) have been one of the best performing sectors on the Singapore stock market in 2018. In view of...

Royston Foo

1.4k Views

Share

bullish•Tuan Sing Holdings

•03 Oct 2018 15:50

Tuan Sing: Prime Freehold Commercial Assets Underpin Earnings

Tuan Sing Holdings (TSH SP) is a regional diversified investment holding company with a focus in property development, property investment and...

Anni Kum

523 Views

Share

bullish•Thematic (Sector/Industry)

•23 Jul 2018 12:13

The Week that Was in ASEAN@Smartkarma - Policy Tightening, Privatisation, and Thirsty Thailand

This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...

Angus Mackintosh

350 Views

Share

bearish•Capitaland Commercial Trust

•20 Jul 2018 00:54

Capitaland Commercial Trust: Keep Circumspect in Terms of Valuation

Capitaland Commercial Trust (CCT SP) reported a good set of results for 2Q18. Revenue grew 12% yoy to S$98 million. Correspondingly, NPI grew...

Anni Kum

460 Views

Share

bullish•Frasers Commercial Trust

•11 Jul 2018 17:27

Frasers Commercial Trust (FCOT SP) Registers a Record Low Exit Yield on Divestment

Frasers Commercial Trust (FCOT SP) to sell 55 Market Street at 44.5% premium above valuation and possibly at record-low exit yield of 1.7% in the...

Anni Kum

773 Views

Share

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

x