CapitaLand Integrated Commercial Trust logo

C38U

SGXSTI

CapitaLand Integrated Commercial Trust

Real EstateSingapore

Company Overview

Ticker: C38U
Exchange: SGX
Sector: Real Estate
Industry: -
Market Cap: $17.4B
FY End: December
Employees: -
Website: cict.com.sg

CapitaLand Integrated Commercial Trust (CICT or the Trust) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalization of US$14.2 billion or S$18.2 billion as at 31 December 2025. It debuted on SGX-ST as CapitaLand Mall Trust in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust. As the largest proxy for Singapore commercial real estate, CICT owns and invests in quality income-producing assets primarily used for commercial (including retail and/or office) purposes, located predominantly in Singapore. CICT's portfolio comprises 20 properties in Singapore, two properties in Frankfurt, Germany, and three properties in Sydney, Australia with a total property value of S$27.0 billion or US$21.0 billion based on valuations of its proportionate interests in the portfolio as at 31 December 2025. CICT is managed by CapitaLand Integrated Commercial Trust Management Limited (CICTML or the Manager), a wholly owned subsidiary of CapitaLand Investment Limited, a leading global real asset manager with a strong Asia foothold. CapitaLand Integrated Commercial Trust was established in October 29, 2001.

Leadership Team

CT

CEO & Executive Non-Independent Director of CapitaLand Integrated Commercial Trust Management Ltd

TC

Deputy Chief Executive Officer

WM

Chief Financial Officer

TS
HM

Head, Investor Relations

TT

Chief Executive Officer

WM

Chief Financial Officer

HM

Head, Investor Relations

JL

Non-Executive Independent Director

TB

Non-Executive Independent Director

CS

Dy GM & Head of Property Mgmt - Capitamall Trust Mgmt Ltd - Mngr

PS

Vice President of Group Communications

AC

Senior Manager of Investor Relations of CapitaLand Integrated Commercial Trust Management Limited

TH

Chief Corporate Officer of CapitaLand Development

ML

Chief Financial Officer of CapitaLand Integrated Commercial Trust Management Limited

LM

Non-Executive Independent Director

LY

Head of Portfolio Management of CapitaLand Integrated Commercial Trust Management Limited

WS

Company Secretary of CapitaLand Integrated Commercial Trust Management Limited

JL

Head of Investment of CapitaLand Integrated Commercial Trust Mgmt Ltd

JL

Head, Investment

TT

Chief Executive Officer

WH

Company Secretary of CapitaLand Integrated Commercial Trust Management Limited

SL

Non-Executive Independent Director

TT

Chief Executive Officer

LY

Head, Portfolio Management

JY

Non-Executive Non-Independent Director

JG

Non-Executive Non-Independent Director

QB

Non-Executive Independent Director

Recent Announcements

No announcements yet.

External Auditor

Tenure1 year(since 1 Jan 2024)

Auditor History

Deloitte & Touche1 Jan 2024 — present
KPMG1 Jan 2023 — 1 Jan 2024

Analyst Coverage

Buyconsensus
14 analysts

Target Price

Low$2.30
Mean
$2.62-0.5%
High$2.95
Current Price$2.63

Based on broker consensus estimates. Not financial advice.

Broker Coverage

BrokerRatingTarget Price
UOB Kay HianBuy$2.62
CGS InternationalBuy$2.62
OCBC SecuritiesBuy$2.62
Maybank SecuritiesBuy$2.62
DBS VickersBuy$2.62

Individual broker coverage attribution. Not financial advice.

Price Chart

Insufficient price data

Key Metrics

P/E Ratio18.53
P/B Ratio1.07
EV/EBITDA25.82
Dividend Yield-
ROE5.9%
ROA2.5%
Net Margin57.9%
Debt/Equity0.62
Net Debt/EBITDA9.39
FCF Yield0.7%

Governance Score

-

SGX Code of Corporate Governance

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