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

Dow Jones

Apr 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)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2630347046"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2630347046\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2630347046?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-28 10:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2630347046","market":"hk","top_or_hot":-1,"title":"CapitaLand Integrated Commercial Trust May Benefit From Potential Initiatives for Paragon -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0208 GMT - <a href=\"https://laohu8.com/S/C38U.SI\">CapitaLand Integrated Commercial Trust</a> 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) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 27, 2026 22:08 ET (02:08 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CapitaLand Integrated Commercial Trust May Benefit From Potential Initiatives for Paragon -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaLand Integrated Commercial Trust May Benefit From Potential Initiatives for Paragon -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-28 10:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0208 GMT - <a href=\"https://laohu8.com/S/C38U.SI\">CapitaLand Integrated Commercial Trust</a> 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) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 27, 2026 22:08 ET (02:08 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFA.SI","symbol_name":"NikkoAM-STC Asia REIT","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2630347046","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2630347046","pubTimestamp":1777342080,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"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. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CFA.SI":"NikkoAM-STC Asia REIT","BK6137":"零售房地产信托","BK6011":"零售业房地产投资信托","BK6512":"房地产股","BK6072":"多样化房地产投资信托v","C38U.SI":"凯德商用新加坡信托"},"translate_title":"凯德综合商业信托可能会受益于Paragon的潜在举措——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFA.SI":0.71,"C38U.SI":0.9},"content_text":"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) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 27, 2026 22:08 ET (02:08 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}