CICT, SG1M51904654

CapitaLand Integrated Commercial Trust stock reports 7.10 percent DPU growth

Published on 09/29/2026 at 19:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CapitaLand Integrated Commercial Trust stock posted SGD 846.8 million in 1H 2026 gross revenue. The October 29 report will test Paragon's earnings contribution after its SGD 3.9 billion acquisition.

CICT, SG1M51904654, Illustration mit AI erstellt.

CapitaLand Integrated Commercial Trust (ISIN SG1M51904654) was trading at EUR 1.53 at Lang & Schwarz on September 29, 2026, at 7:37 p.m. CEST, down 0.65 percent versus the prior close of EUR 1.54. The trust's 1H 2026 distribution per unit growth provides the central operating signal, with DPU rising 7.10 percent to 6.02 Singapore cents.

Revenue rises with income

According to Quartr in its September 15, 2026 summary, gross revenue for 1H 2026 increased 7.50 percent year over year to SGD 846.8 million. Net property income grew 8.70 percent to SGD 630.5 million, while distributable income advanced 13.30 percent to SGD 466.7 million.

The comparison matters because DPU growth of 7.10 percent exceeded the trust's 1H unit base expansion of 5.80 percent, according to The Smart Investor on September 28, 2026. Portfolio occupancy stood at 95.60 percent, including 97.70 percent in retail and 94.40 percent in office assets.

Paragon sets the next test

CICT completed the Paragon acquisition on July 1, 2026, at an agreed property value of SGD 3.9 billion. The October 29, 2026 results will offer the first reported view of the asset's contribution, according to The Smart Investor.

Capital management remains a key counterweight to acquisition-led growth. Aggregate leverage was 37.40 percent at June 30, 2026, while 78.00 percent of borrowings carried fixed rates and the interest coverage ratio stood at 3.9 times, according to FSM Global on September 1, 2026.

CICT stock stays in focus

The Singapore Exchange quote showed CICT last at SGD 2.22 on September 29, 2026, at 5:07 p.m. SGT, with a 52-week range of SGD 2.21 to SGD 2.57. Market capitalization stood at SGD 17.5 billion on the same date.