Good stocks to invest – Capitaland Commercial Trust Challenging Rent Demand



Good stocks to invest

A brief note from what I gather in a recent RHB sell report on Capitaland Commercial Trust, the old girl in Singapore Office REIT.

This gives some idea of the challenging rent renewal and demand for offices:

CCT’s portfolio occupancy inched up to c.97%, while the REIT manager observed shrinking demand from the financial sector. Additionally, leasing proved to be difficult for its CapitaGreen asset as its occupancy inched up marginally to 91% with lower committed rental rates inked by new tenants. Lastly, valuers’ cap rates across CCT’s portfolio remained largely unchanged, as the REIT registered 1.6% YoY higher portfolio valuation.

good-stocks-to-invest-in

good-stocks-to-invest-in

The saving grace for them is that most of the rentals are committed!


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good-stocks-to-invest-in

– Good stocks to invest

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