On 5th February 2025, CICT (CapitaLand Integrated Commercial Trust) released their FY2024 financial results. As of January 2025, CICT makes up 9.50% of my stock portfolio. In fact, it is my largest holding in my stock portfolio. Last year, CICT acquired a 50.0% interest in ION Orchard for S$1,848.5 million. Recently, CICT also divested 21 Collyer Quay for S$688 million. As an existing unitholder, I am excited to know how CICT has performed in FY2024. At of 31st December 2024, CICT’s portfolio comprises of 21 properties in Singapore, two properties in Frankfurt, Germany, and three properties in Sydney, Australia with a total property value of S$26.0 billion. IMM Building in Singapore and Gallileo in Germany are undergoing Asset Enhancement works and are on track for completion in 2H 2025.
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