CICT: CapitaLand Integrated Commercial Trust

SGX: C38U

1.970

-0.51%

Share Price in SGD. As of 18 Feb 17:12:43 SGT

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Beansprout Analysis

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Market Analysis

Consensus Share Price Target

CICT: CapitaLand Integrated Commercial Trust share price target is $2.192, according to consensus estimates as of 18 Feb 2025. Based on CICT: CapitaLand Integrated Commercial Trust’s current share price of $1.97, this represents an upside potential of 11.3%.

Price Target: $2.192

Sell
Underperform
Neutral
Outperform
Buy

Source: SGX as of 18 Feb 2025

Analyst Ratings

  • CGS-CIMB

    06 Feb 2024

    Buy

    2.180

    (prev 2.170)

  • DBS Research

    22 Aug 2024

    Buy

    2.300

  • Maybank Research

    25 Nov 2024

    Buy

    2.300

  • OCBC Investment

    04 Sep 2024

    Buy

    2.320

  • RHB Invest

    04 Nov 2024

    Buy

    2.300

  • UOB Kay Hian

    06 Nov 2024

    Buy

    2.590

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Company Description

CapitaLand Integrated Commercial Trust (CICT) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$13.5 billion as at 31 December 2021. It made its debut on SGX-ST as CapitaLand Mall Trust (CMT) in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust (CCT). CICT owns and invests in quality income-producing assets primarily used for commercial (including retail and/ or office) purpose, located predominantly in Singapore. As the largest proxy for Singapore commercial real estate, CICT's portfolio comprises 21 properties in Singapore and two in Frankfurt, Germany, with a total property value of S$22.5 billion as at 31 December 2021. CICT is managed by CapitaLand Integrated Commercial Trust Management Limited, a wholly owned subsidiary of CapitaLand Investment Limited (CLI), a leading global real estate investment manager with a strong Asia foothold.

Revenue Breakdown by Asset

Revenue Breakdown by Geography