CapitaLand Commercial Trust (CCT) merged with CapitaLand Mall Trust in November 2020 to form CapitaLand Integrated Commercial Trust (CICT). CICT is Singapore's largest real estate investment trust, owning and investing in income-producing retail and office assets and integrated developments primarily in Singapore, with properties also in Germany and Australia. The trust was established in Singapore in 2001.
SGX’s Real Estate Developers and Operators have returned 12% YTD, outperforming the STI’s +8%. Despite the rally, the price-to-book ratio of the...