CapitaLand Integrated Commercial Trust

C38U

SG1M51904654

Commercial REITs

Market Closed - Singapore S.E. Other stock markets 05:04:34 2024-04-26 am EDT			5-day change	1st Jan Change
1.96 ^SGD	-0.51%		+4.26%	-4.85%

Apr. 24	Maybank Adjusts CapitaLand Integrated Commercial Trust’s Price Target to SG$2.05 From SG$2.10, Keeps at Buy	MT
Apr. 24	OCBC Investment Research Adjusts CapitaLand Integrated Commercial Trust’s Price Target to SG$2.14 From SG$2.18, Keeps at Buy	MT

CapitaLand Integrated Commercial Trust : FY 2023 Financial Results - Annexes (Property Information)

March 13, 2024 at 09:18 pm EDT

CapitaLand Integrated Commercial Trust

FY 2023 Financial Results - Annexes (Property Information)

March 2024

FY 2023 Financial Results - Annexes

Property Details

The following slides contain the Lease Expiry Profile and Trade Mix of each property in CICT's portfolio. Please access Portfolio Information on CICT's Investor Centrefor other property details.

Please note 21 Collyer Quay is excluded as WeWork signed a 7-year lease at the property which commenced in December 2021 (lease expiry in 2028). WeWork is classified as a tenant of the Real Estate & Property Services trade sector.

Bedok Mall

Lease Expiry Profile(1)

2.3%

2.6%

		2.7%
income		2.8%
	3.0%

rental	30.0%	3.7%

gross
26.5%	5.4%

22.8%
total
19.1%	6.8%
% of

10.8%

				1.6%	0.0%


2024	2025	2026	2027	2028	2029 and
					beyond

Note:

(1) As at 31 December 2023, based on committed gross rental income and excludes gross turnover rent.

	Trade Mix(1)
1.6%		Food & Beverage



1.1%		Beauty & Health

0.3%

Fashion

Supermarket

Services

IT & Telecommunications

38.1%

Shoes & Bags

Electrical & Electronics

Gifts & Souvenirs/ Toys & Hobbies/

Books & Stationery/ Sporting goods

Home Furnishing

18.8%		Jewellery & Watches

Education

Department Store

Leisure & Entertainment/ Music & Video

CapitaLand Integrated Com m erc ial Trus t	3

Bugis Junction

Lease Expiry Profile(1)

3.1%

Trade Mix(1)

2.5% 0.1% 0.1%

Food & Beverage

Fashion

income
rental		32.0%

grosstotalof	29.1%	25.9%

%				11.5%

					1.0%	0.5%


2024	2025	2026	2027	2028	2029 and
						beyond

Note:

(1) As at 31 December 2023, based on committed gross rental income and excludes gross turnover rent.

4.8%

6.0%32.0%

6.0%

7.9%

10.6%

13.8%

13.1%

Department Store

Beauty & Health

Gifts & Souvenirs/ Toys & Hobbies/ Books & Stationery/ Sporting goods

IT & Telecommunications

Shoes & Bags

Jewellery & Watches

Supermarket

Services

Leisure & Entertainment/ Music & Video

Home Furnishing

CapitaLand Integrated Com m erc ial Trus t	4

CQ @ Clarke Quay

Lease Expiry Profile(1)

incomerental		39.0%

gross			26.1%

% of total				19.6%
11.0%

4.3%
						0.0%

2024	2025	2026	2027	2028	2029 and
						beyond

Note:

(1) As at 31 December 2023, based on committed gross rental income and excludes gross turnover rent.

Trade Mix(1)

4.2% 0.4%

14.0%

Food & Beverage

Leisure & Entertainment/

Music & Video

Beauty & Health

81.4%	Services

CapitaLand Integrated Com m erc ial Trus t	5

IMM Building

Lease Expiry Profile(1)

Trade Mix(1)

Food & Beverage

% of total gross rental income

1.9%1.7% 1.4%

2.6%

	4.2%
34.8%	5.8%
27.8%	6.6%
19.0%	7.4%
8.4%	10.4%
6.1%
3.9%	10.8%

19.9%

14.8%

12.5%

Warehouse

Home Furnishing

Supermarket

Fashion

Shoes & Bags

Gifts & Souvenirs/ Toys & Hobbies/ Books & Stationery/ Sporting goods

Beauty & Health

Electrical & Electronics

Services

Jewellery & Watches

2024	2025	2026	2027	2028	2029 and
					beyond

Note:

(1) As at 31 December 2023, based on committed gross rental income and excludes gross turnover rent.

Department Store

IT & Telecommunications

CapitaLand Integrated Com m erc ial Trus t	6

Junction 8

Lease Expiry Profile(1)

income
rentalgross	21.6%	31.8%

total			19.5%

% of				16.5%
				10.6%

						0.0%

	2024	2025	2026	2027	2028	2029 and
						beyond

Note:

(1) As at 31 December 2023, based on committed gross rental income and excludes gross turnover rent.

Trade Mix(1)

	1.9%
2.3%	1.9%
2.2%	1.0%
3.5%

4.7%

4.8%36.7%

6.0%

7.0%

8.5% 13.5%

Food & Beverage

Beauty & Health

Fashion

Services

Supermarket

Gifts & Souvenirs/ Toys & Hobbies/

Books & Stationery/ Sporting goods

Department Store

Electrical & Electronics

Leisure & Entertainment/ Music &

Video

IT & Telecommunications

Shoes & Bags

Jewellery & Watches

Home Furnishing

Education

CapitaLand Integrated Com m erc ial Trus t	7

Lot One Shoppers' Mall

		Lease Expiry Profile(1)					Trade Mix(1)
								1.3%		Food & Beverage
								1.3%	0.8%


						3.2%	2.2%			Beauty & Health

						3.7%
									Services
income

					4.1%				Fashion


rental							34.5%		Supermarket


		30.3%			4.2%
	29.8%						Leisure & Entertainment/ Music &


gross					4.8%				Video

								Gifts & Souvenirs/ Toys & Hobbies/

	22.2%


totalof					5.1%				Books & Stationery/ Sporting goods
								Education


%				9.8%		6.8%				Electrical & Electronics



				5.0%						IT & Telecommunications
							9.4%	18.6%



						2.9%					Jewellery & Watches


											Home Furnishing
	2024	2025	2026	2027	2028	2029 and



						beyond				Shoes & Bags

Department Store

Note:

(1) As at 31 December 2023, based on committed gross rental income and excludes gross turnover rent.

CapitaLand Integrated Com m erc ial Trus t	8

Tampines Mall

Lease Expiry Profile(1)

									2.2%
						2.7%	2.5%	0.5%
income						2.8%
					3.8%

rental			30.5%			5.5%
gross		24.4%		24.1%		6.2%

total	16.6%					6.3%
% of

					6.4%

					2.5%			7.0%
					1.9%			10.7%

	2024	2025	2026	2027	2028	2029 and
						beyond

Note:

(1) As at 31 December 2023, based on committed gross rental income and excludes gross turnover rent.

Trade Mix(1)

30.3%

13.1%

Food & Beverage

Beauty & Health

Fashion

Jewellery & Watches

IT & Telecommunications

Supermarket

Gifts & Souvenirs/ Toys & Hobbies/

Books & Stationery/ Sporting goods

Department Store

Leisure & Entertainment/ Music &

Video

Education

Shoes & Bags

Electrical & Electronics

Services

Home Furnishing

CapitaLand Integrated Com m erc ial Trus t	9

Westgate

Lease Expiry Profile(1)

Trade Mix(1)

Food & Beverage

rental income	30.5%
gross	24.8%

% of total	21.2%

10.1%

7.9%

5.5%

2024	2025	2026	2027	2028	2029 and
					beyond

Note:

(1) As at 31 December 2023, based on committed gross rental income and excludes gross turnover rent.

2.0%

2.8%

3.1%

3.9%

4.6%

4.7%

5.3%

5.9%

7.3%

2.0%

0.5% 0.4%

38.7%

18.8%

Beauty & Health

Services

Fashion

Education

Home Furnishing

Gifts & Souvenirs/ Toys & Hobbies/

Books & Stationery/ Sporting goods

IT & Telecommunications

Leisure & Entertainment/ Music &

Video

Supermarket

Shoes & Bags

Electrical & Electronics

Department Store

Jewellery & Watches

CapitaLand Integrated Com m erc ial Trus t	10

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Disclaimer

CapitaLand Integrated Commercial Trust published this content on 13 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 March 2024 01:17:01 UTC.

Latest news about CapitaLand Integrated Commercial Trust

Maybank Adjusts CapitaLand Integrated Commercial Trust’s Price Target to SG$2.05 From SG$2.10, Keeps at Buy	Apr. 24	MT
OCBC Investment Research Adjusts CapitaLand Integrated Commercial Trust’s Price Target to SG$2.14 From SG$2.18, Keeps at Buy	Apr. 24	MT
New submarine for Singapore christened at Kiel shipyard	Apr. 22	DP
CapitaLand Integrated Commercial Trust's Committed Occupancy Slips in Q1	Apr. 18	MT
Transcript : CapitaLand Integrated Commercial Trust, Q1 2024 Earnings Call, Apr 19, 2024	Apr. 18
Singaporean Shares Rise on Wednesday; SMI Vantage's Shares Surge 6% on Crypto Mining Machines Acquisition	Mar. 13	MT
CapitaLand Integrated Commercial Trust Secure New Tenant for Frankfurt Property	Mar. 12	MT
Singapore Shares Remain in Red; CapitaLand Integrated Commercial Trust Climbs 1% as H2 2023 DPU Rises 1.7%	Feb. 06	MT
CapitaLand Integrated Commercial Trust's DPU Rises 1.7% in H2 2023; Revenue Tops Estimates	Feb. 05	MT
Transcript : CapitaLand Integrated Commercial Trust, 2023 Earnings Call, Feb 06, 2024	Feb. 05
CapitaLand Integrated Commercial Trust Announces Distribution for the Period from 1 July 2023 to 31 December 2023, Payable on 28 March 2024	Feb. 05	CI
CapitaLand Integrated Commercial Trust Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 05	CI
Frasers Logistics & Commercial Trust Posts Highest Indicative Yield Among Major S-REITs	Jan. 11	MT
CapitaLand Investment Leases Out Additional Space in Capital Tower from CapitaLand Integrated Commercial Trust	Dec. 12	MT
CapitaLand Integrated Commercial Trust Issues Over 3 Million Units as Payment for Management Fee	Nov. 26	MT
OCBC Adjusts CapitaLand Integrated Commercial Trust’s Price Target to SG$2 From SG$2.19, Keeps at Buy	23-10-27	MT
RHB Bank Upgrades CapitaLand Integrated Commercial Trust to Buy From Neutral, Keeps SG$2 Price Target	23-10-27	MT
CapitaLand Integrated Books Higher Net Property Income, Revenue in Q3	23-10-25	MT
Transcript : CapitaLand Integrated Commercial Trust, Q3 2023 Earnings Call, Oct 26, 2023	23-10-25
DBS Adjusts CapitaLand Integrated Commercial Trust's Price Target to SG$2.30 From SG$2.40, Keeps at Add	23-08-04	MT
CapitaLand Integrated Commercial Trust Reports Higher DPU, Distributable Income in H1	23-08-01	MT
Transcript : CapitaLand Integrated Commercial Trust, H1 2023 Earnings Call, Aug 01, 2023	23-07-31
CapitaLand Integrated Commercial Trust Announces Distribution for the Period from 1 January 2023 to 30 June 2023, Payable on 15 September 2023	23-07-31	CI
CapitaLand Integrated Commercial Trust Reports Earnings Results for the Half Year Ended June 30, 2023	23-07-31	CI
CapitaLand Integrated Commercial Trust Unit Issues SG$400 Million Bonds Due 2030	23-06-20	MT

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Company Profile

CapitaLand Integrated Commercial Trust (the Trust) is a Singapore-based real estate investment trust (REIT). The principal activity of the Trust is to invest, directly or indirectly, in income-producing assets primarily used for commercial purposes, including retail and/or office purposes, located primarily in Singapore. The Trust's retail portfolio includes Bedok Mall, Bugis+, Bugis Junction, Bukit Panjang Plaza, Clarke Quay, the IMM Building, Junction 8, Lot One Shoppers' Mall, Tampines Mall, and Westgate. Its office portfolio includes Asia Square Tower 2, Capital Tower, CapitaGreen, Six Battery Road, 21 Collyer Quay, Gallileo, Main Airport Center, and 66 Goulburn Street, Australia. Its integrated development portfolio includes Funan, Plaza Singapura, The Atrium@Orchard, Raffles City Singapore and CapitaSpring. The Trust's investment manager is CapitaLand Integrated Commercial Trust Management Limited, which is a wholly owned subsidiary of CapitaLand Investment (CLI).

Sector

Commercial REITs

Calendar

2024-04-29 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Ratings for CapitaLand Integrated Commercial Trust

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.96 SGD

Average target price

2.187 SGD

Spread / Average Target

+11.56%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

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