CapitaLand Integrated Commercial Trust May Benefit From Potential Initiatives for Paragon -- Market Talk

Dow Jones
04/28

0208 GMT - CapitaLand Integrated Commercial Trust stands to benefit from potential initiatives for its planned Paragon mall acquisition, Citi Research's Brandon Lee says in a research report. The REIT would likely get incremental accretion in rental increases if the mall's FY 2025 retail passing rent of around S$26 a square foot is marked to market at S$30-S$35 a square foot, the analyst says. Also, the REIT could gain from tenant remixing when Metro department store's 82,000 square feet of space expires in FY 2027. In addition, possible asset-enhancement initiatives at the mall might lead to higher return on investment. Citi Research upgrades the REIT to buy from neutral and raises the target price to S$2.81 from S$2.30. Units are 0.8% lower at S$2.39. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

April 27, 2026 22:08 ET (02:08 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10