CapitaLand Mall Trust property, Funan. (Photo: REITsWeek)CapitaLand Mall Trust property, Funan. (Photo: REITsWeek)

CapitaLand Integrated Commercial Trust (CICT) was the top Singapore Exchange (SGX)-listed REIT disposed of by institutional investors last week.

The net outflow of institutional funds from the REIT came amid expectations that the US Federal Reserve will continue raising interest rates well into 2023.

Related: Suntec REIT sees SGD11.4 million institutional funds outflow amid rate concerns

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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.