Earnings Alerts

Capitaland Integrated Commercial Trust (CICT) Earnings: 1Q Net Property Income Hits S$291.5M with Positive Future Projections

  • CapitaLand Integrated reported a net property income of S$291.5 million for the first quarter.
  • The company achieved a gross revenue of S$395.3 million during the same period.
  • Plans are underway for Asset Enhancement Initiatives (AEI) at Tampines Mall, scheduled for the fourth quarter of 2025.
  • The project, Gallileo, is set for a progressive handover starting the second half of 2025 and is expected to significantly contribute to financials from the fiscal year 2026.
  • CapitaLand anticipates seeing full-year distribution income from ION Orchard.
  • There is an ongoing AEI at the IMM Building, with the third phase expected to be completed by the third quarter of 2025, leading to a progressive revenue contribution.
  • The market response includes 14 buy ratings, 3 hold ratings, and no sell ratings, indicating a positive outlook from analysts.

Capitaland Integrated Commercial Trust on Smartkarma

Capitaland Integrated Commercial Trust has garnered positive analyst coverage on Smartkarma, a renowned independent research network. The report by Asia Real Estate Tracker, published on 21-Jan-2025, highlights strategic moves by CapitaLand in the Asian real estate market. Notable actions include the sale of the Kowloon project to Miramar Hotel for $400M, signaling a shift in focus and a lucrative deal. The report also mentions significant leadership changes within CapitaLand, with Tan transitioning to commercial REIT and Yong appointed to lead Malaysia Trust.

Furthermore, CapitaLand’s initiative to invest $54M in renovating the Hyderabad IT Park underlines its commitment to the Indian real estate sector. The insights provided by the Asia Real Estate Tracker reflect a bullish sentiment towards Capitaland Integrated Commercial Trust, emphasizing active decisions and investments that position the company strategically in the competitive market landscape.


A look at Capitaland Integrated Commercial Trust Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Capitaland Integrated Commercial Trust, a retail estate investment trust operating in the Asia Pacific region, is positioned for a promising long-term outlook according to Smartkarma Smart Scores. The company scores high in key factors including Dividend and Growth, indicating a strong potential for stable returns and expansion opportunities. Additionally, with a top score in Momentum, Capitaland Integrated Commercial Trust appears to have positive market sentiment and performance trends supporting its future prospects.

Known for its investments in retail and office properties as well as integrated developments, Capitaland Integrated Commercial Trust demonstrates a balanced performance across Value, Dividend, Growth, Resilience, and Momentum, with particular strength in Dividend and Growth aspects. This diversified portfolio and solid performance metrics suggest a positive outlook for the trust’s long-term growth and financial stability, making it an attractive option for investors seeking both income and potential capital appreciation.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars