CapitaLand Integrated Commercial Trust

C38U: XSES (SGP)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	SGD 6.11	Fkjglql	Wbrxyfzfmq

CICT: Adding European Central Bank to Its High-Quality Tenant Register

Xinfu Lee

Apr 19, 2024

We retain our SGD 2.32 per unit fair value estimate following CapitaLand Integrated Commercial Trust’s in-line first-quarter 2024 business update. Based on the current price, we think the trust is undervalued and continue to like it for its portfolio of high-quality office and retail properties in Singapore.

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