Broker Name: Lim & Tan Securities
Date of Report: 7 January 2026
Excerpt from Lim & Tan Securities report
- Singapore’s FSSTI Index showed gains YTD, tracking positive global equity performance, while lower interest rates are expected to benefit major Singapore REITs and real estate players.
- CapitaLand Integrated Commercial Trust (CICT) and CapitaLand Investment Limited (CLI) are highlighted for resilient performance, strong capital management, high occupancy rates, and ongoing asset enhancement initiatives.
- CICT maintains a Singapore-centric portfolio with a market cap of S\$18.2bn, offering a 5.8% dividend yield and consensus target price upside, leading to an “Accumulate” rating.
- CLI focuses on accelerating growth, capital efficiency, and operational excellence, supported by robust fundraising, prudent debt management, and ongoing portfolio optimization efforts.
- Macro outlooks suggest that lower global interest rates will support both equities and bonds, with Singapore REITs likely to benefit from cheaper funding and acquisition opportunities.
- Recent fund flows show institutional investors selling while retail investors are net buyers in Singapore equities, with sector trends detailed for December 2025.
- Share buybacks and insider transactions are reported for various companies, alongside a schedule of dividend and special distribution dates for major Singapore stocks.
Above is an excerpt from a report by Lim & Tan Securities. Clients of Lim & Tan Securities can be the first to access the full report from the Lim & Tan Securities website : https://www.limtan.com.sg
