CapitaLand Mall Trust property, Bugis+. (Photo: REITsWeek)CapitaLand Mall Trust property, Bugis+. (Photo: REITsWeek)

CapitaLand Integrated Commercial Trust (CICT) has emerged as the top Singapore Exchange (SGX) REIT disposed of by institutional investors during the trading week that began on 16 May.

The net fund outflow is a sharp reversal from the fund inflows seen in previous week, as Singapore begins loosening most of its COVID-19-related social restrictions.

Related: CapitaLand’s flagship REIT sees SGD19.3 million inflow of institutional funds

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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.