CapitaLand Integrated Commercial Trust Gallileo

CapitaLand Integrated Commercial Trust (CICT) has come out to allay concerns over the loss of a major anchor tenant in Germany.

And the impending departure of this anchor tenant means that one of the REIT’s largest overseas assets will soon be 100% vacant.

CICT is a Singapore-listed mixed commercial REIT that has a portfolio of retail, office and mixed commercial assets across the republic, and in Australia and Germany.

Related: CapitaLand’s flagship REIT sees SGD21.5 million outflow of institutional funds

Dear members, please login to continue reading this article.

Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here. Why subscribe?

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.