Asia Square Tower 2 (Photo: REITsWeek)Asia Square Tower 2, a property under CapitaLand Commercial Trust (Photo: REITsWeek)

Singapore office REIT CapitaLand Commercial Trust (CCT) has announced a divestment plan that caught some market observers by surprise.

The REIT is disposing Twenty Anson for SGD516 million (USD380 million) amid what is seen as the beginning of an uptick in the Singapore office market.

Read: CapitaLand Commercial Trust disposes Twenty Anson for USD380 million.

The following is an analysis of three fundamental issues that may have emerged from the REIT’s most recent divestments, and what investors can expect in the quarters ahead.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.