CapitaLand Integrated Commercial Trust's stock surged 3.36% in early trading on Friday, following the release of its full-year 2025 financial results.
The real estate investment trust reported a 6.4% increase in distribution per unit to 11.58 cents, with total return to unitholders rising to S$937.3 million. Revenue grew 2.1% to S$1.62 billion, supported by recent acquisitions including the remaining interest in CapitaSpring and lease commencements at Gallileo in Frankfurt.
Investors responded positively to the trust's improved financial metrics, including a 3.1% increase in net property income and an 8.9% reduction in finance costs. The manager's positive outlook for Singapore's steady economic growth and tight office supply, along with strategic initiatives including divestment and development projects, contributed to the bullish sentiment.