CapitaLand Integrated Commercial Trust (CICT)

Paragon REIT could be acquired within CLI’s ecosystem of fund partners or other consortium partners: DBS - THE EDGE SINGAPORE

Broker's Calls

Paragon REIT could be acquired within CLI’s ecosystem of fund partners or other consortium partners: DBS

Even though the market expects Paragon REIT to be acquired by CICT, the analysts see that the capital allocated for ION could mean that Paragon's suitor could be elsewhere.
Citi downgrades CICT to ‘neutral’ with higher TP of $2.21 - THE EDGE SINGAPORE

Broker's Calls

Citi downgrades CICT to ‘neutral’ with higher TP of $2.21

The downgrade comes as it sees limited DPU upside for ION Orchard and stretched valuations.

REITs

Why Ion Orchard attracts shoppers and investors

CICT proposes to acquire 50% of Ion with DPU accretion of 0.9%, tax transparency to add additional accretion

Broker's Calls

Analysts view ION deal positively for CICT; recommends unitholders to subscribe for preferential offering

RHB is “neutral” on the deal, noting that the pricing is “slightly on the higher end”.
CICT’s private placement 3.7 times covered; issue price fixed at $2.04 - THE EDGE SINGAPORE

REITs

CICT’s private placement 3.7 times covered; issue price fixed at $2.04

Trading of CICT’s private placement units is currently expected to commence at 9am on Sept 12.
CICT: All ready for a Fed pivot - THE EDGE SINGAPORE

REIT Watch

CICT: All ready for a Fed pivot

CICT is one of a handful of REITs with y-o-y DPU growth; Tony Tan, CEO of its manager explains what lies ahead

Broker's Calls

Maybank keeps ‘neutral’ on S-REITs, names CICT as preferred pick

This is amid normalising growth after the “Taylor Swift effect” wears off.
S-REITs in ‘better shape’ than two years ago; CICT, MLT top picks: HSBC - THE EDGE SINGAPORE

Broker's Calls

S-REITs ‘in better shape’ than two years ago; CICT, MLT top picks: HSBC

HSBC favours stocks with embedded growth, like CICT; and REITs that have priced in most of the negative news, like MLT.
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