(CICT or the Trust), today announced a 7.1% year-on-year (YoY)
increase in distribution per unit (DPU) to 6.02 cents for the six months ended 30 June
2026 (1H 2026). The strong DPU growth was achieved despite an enlarged unit base
following the private placement in April 2026. The 6.02 cents includes the advanced
distribution of 3.98 cents per unit for the period from 1 January 2026 to 28 April 2026,
which was paid on 8 June 2026. Unitholders on record as at 20 August 2026 will receive
the remaining 1H 2026 DPU of 2.04 cents on 25 September 2026. Based on the closing
price of S$2.37 per unit on 30 June 2026, CICT’s annualised distribution yield is 5.1%.
Gross revenue grew 7.5% YoY to S$846.8 million in 1H 2026, while net property income
rose 8.7% YoY to S$630.5 million, driven by income contributions from CapitaSpring’s
commercial component1 and Gallileo2
, partially offset by the divestment of Bukit Panjang Plaza 3
. Supported by stronger operating performance and lower interest expenses,
distributable income grew 13.3% YoY to S$466.7 million for 1H 2026.
Comments