CapitaLand Integrated Commercial Trust
CapitaLand Integrated Commercial Trust
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Overview
What the company does, where it operates, and who runs it.
About CapitaLand Integrated Commercial Trust
- Industry
- REIT - Retail
- Sector
- Real Estate
- CEO
- Choon-Siang Tan
- Headquarters
- 168 Robinson Road, Singapore, SG
- Industry
- REIT - Retail
- Sector
- Real Estate
- CEO
- Choon-Siang Tan
- Headquarters
- 168 Robinson Road, Singapore, SG
CapitaLand Integrated Commercial Trust (CICT) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalisation of S$14.0 billion as at 31 December 2020. 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. CICT owns and invests in quality income-producing assets primarily used for commercial (including retail and/or office) purpose, located predominantly in Singapore. As the largest proxy for Singapore commercial real estate, CICT's portfolio comprises 22 properties in Singapore and two in Frankfurt, Germany, with a total property value of S$22.3 billion as at 31 December 2020. CICT is managed by CapitaLand Integrated Commercial Trust Management Limited, which is a wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia's largest diversified real estate groups.
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