$CapLand IntCom T(C38U.SG)
No one seems to be talking about CICT so I want to let everyone know that CICT has just hit record heights in 1H 2026! ✨😘
CICT delivered an outstanding, record-breaking performance, proving remarkable resilience and growth even in a challenging market! 🚀
💰 Strong Financial Momentum
• DPU rose 7.1% year-on-year to 6.02 Singapore cents 📈
• Distributable income surged 13.3% to S$466.7 million
• Net Property Income grew 8.7% to S$630.5 million
• Gross revenue climbed 7.5% to S$846.8 million
🏢 Operational Excellence
• Impressive 95.6% overall occupancy, with retail at 97.7% — nearly full!
• Rental reversions positive: +6.5% for offices and +4.0% for retail ✅
🎯 Strategic Strength
• Smart portfolio moves: Acquired The Paragon, selling Asia Square Tower 2 for S$2.48 billion
• Cost of debt kept low at 2.9%, with leverage reduced to 37.4%
• Built to deliver sustainable, long-term growth! 💪
📊 Check out the infographic above for all the details!
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