Rate Of Return
HOTH$CapLand IntCom T(C38U.SG)
CICT just made a major move with its S$3.9 billion Paragon acquisition, and it’s easily one of the more interesting Singapore REIT stories on my watch right now.
Between the divestment of Asia Square Tower 2, the Paragon purchase, and the funding exercise, this feels like a meaningful portfolio reshuffle rather than just another market headline.
Big move from CICT - positive on the portfolio upgrade, but I’ll also be watching how the funding and execution play out from here.”
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