CapitaLand Investment Proposes Distribution of CICT Units to Shareholders

CapitaLand Investment Limited ( (SG:9CI) ) just unveiled an update.

CapitaLand Investment Limited announced a proposed distribution of up to 155 million units in CapitaLand Integrated Commercial Trust to its shareholders. This move aims to allow shareholders to benefit from the growth of Singapore’s largest REIT, which has shown positive financial performance with increased revenue and net property income in the past year.

More about CapitaLand Investment Limited

CapitaLand Investment Limited is a company based in Singapore, operating in the real estate investment industry. It focuses on long-term investments and holds a diverse portfolio of retail, office, and integrated development properties across Singapore, Germany, and Australia.

YTD Price Performance: -3.82%

Average Trading Volume: 9,496,093

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$12.91B

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