CapitaLand Integrated Commercial Trust Q1 Net Property Income Up 11.3% to S$276.3 Million
April 28, 2023 – CapitaLand Integrated Commercial Trust (CICT) Q1 to March 31 net income climbed 11.3% to S$388.5 million year-on-year, boosted by full-quarter contributions from acquisitions and higher gross rental income. The REIT expects continued rental recovery in 2023 for retail properties while office rents are seen likely to hold firm.
Read more here.