Broker Name: OCBC Investment Research

Date of Report: 28 October 2025

Excerpt from OCBC Investment Research report.

Report Summary

• CapitaLand Integrated Commercial Trust (CICT) remains the largest S-REIT in Singapore, with strong performance in both retail and office portfolios, achieving positive rental reversions and high occupancy rates.
• CICT strengthened its position by acquiring full ownership of CapitaSpring, leading to a slight increase in leverage, but maintains strong financial flexibility and stability, with continued focus on sustainability and positive outlook for distribution growth.

Above is an excerpt from a report by OCBC Investment Research. Clients of OCBC Investment Research can be the first to access the full report from the OCBC Investment Research website : https://www.ocbc.com/personal-banking/investments/research-insights