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CapitaLand Commercial Trust could see DPU boost despite initial dilution: OCBC

Michelle Zhu
Michelle Zhu9/26/2017 11:41 AM GMT+08  • 2 min read
CapitaLand Commercial Trust could see DPU boost despite initial dilution: OCBC
SINGAPORE (Sept 26): OCBC Investment Research is keeping its “hold” recommendation on CapitaLand Commercial Trust (CCT) with a lower fair value estimate of $1.65 from $1.69 previously.
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SINGAPORE (Sept 26): OCBC Investment Research is keeping its “hold” recommendation on CapitaLand Commercial Trust (CCT) with a lower fair value estimate of $1.65 from $1.69 previously.

This follows the trust’s announcement last week of its acquisition of Asia Square Tower 2 from BlackRock for a total of $2.15 billion, which the trust intends to fund via equity, debt, and its divestment proceeds from Golden Shoe Car Park, One George Street and Wilkie Edge.


See: CapitaLand Commercial Trust to buy Asia Square Tower 2 for $2.15 bil

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