CICT’s Q3 net property income rises 1.6% to S4.4 million

CICT’s Q3 net property income rises 1.6% to S$294.4 million


[SINGAPORE] CapitaLand Integrated Commercial Trust’s (CICT) net property income (NPI) grew 1.6 per cent year on year to S$294.4 million for the third quarter ended September 2025, while revenue for the quarter grew 1.5 per cent to S$403.9 million.

In its Q3 business update on Tuesday (Oct 27), the manager said that the real estate investment trust’s NPI in the year to date was up 0.2 per cent to S$874.2 million and its revenue was up 0.1 per cent to S$1.2 billion.

Aggregate leverage stood at 39.2 per cent as at end-September, up from 37.9 per cent as at end-June, while portfolio weighted average lease to expiry stood at 3.2 years.

Committed occupancy rose to 97.2 per cent end-September versus 96.3 per cent as at end-June 2025.

It also noted a positive rent reversion in the year to date for both its office portfolio, up 6.5 per cent and retail portfolio, up 7.8 per cent.

Units of CICT ended on Monday S$0.01 or 0.4 per cent higher at $2.41.



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Swedan Margen

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