| Dividend Yield | 5.32% |
| P/B Ratio | 0.97 |
| Aggregate Leverage Ratio | 38.7 |
| Occupancy Rate | 96.4% |
| WALE | 3.2 year(s) |
| Interest Coverage Ratio | 3.2 times |
| Fixed Rate Debt | 78% |
| Ex-dividend Date | 12 Feb 2025 |
| Record Date | 13 Feb 2025 |
| Payout Date | 21 Mar 2025 |
| Type | Retail & Office |
Remarks
CICT's debt profile remained stable in 1Q 2025. The aggregate leverage ratio weakened slightly, from 38.5% to 38.7%. The interest coverage ratio (ICR) increased from 3.1 times to 3.2 times. Overall, the debt profile remains stable and healthy.
David Ang - 25 Apr 2025CICT's portfolio occupancy rate stands at 96.4%, a healthy level. The REIT also achieved favorable FY 2024 rental reversion rates of 10.4% for its retail and 5.4% for its office portfolios.
David Ang - 25 Apr 2025CICT's debt maturity distribution is well-staggered over the next several years, with 5% due in 2025, 9% in 2026, and the remainder due in 2027 and beyond. Should the higher interest rate environment persist throughout 2025, only about 5% of the outstanding balance is due for refinancing at higher rates.
David Ang - 25 Apr 2025The tenant mix is diversified across many industries. The most significant contributor accounts for 4.8% of CICT's gross rental income, and the second-largest contributor accounts for 1.7%. The rest contribute less than 1.7% each.
David Ang - 25 Apr 2025Geographical Exposure
| Singapore | 94.5% |
| Australia | 2.9% |
| Germany | 2.6% |
Sectoral Exposure
| Retail | 65.3% |
| Office | 34.7% |
Dividend Distribution History (DPU)
Debt Maturity Profile
In $ millions
Show debt maturity profile details
| Fiscal Year | Debt (in $ millions) | Percentage |
|---|---|---|
| FY25 | 546 | 5% |
| FY26 | 883 | 9% |
| FY27 | 1,817 | 18% |
| FY28 | 2,047 | 20% |
| FY29 | 1,559 | 15% |
| FY30 | 1,111 | 11% |
| FY31 | 935 | 9% |
| FY32 | 400 | 4% |
| FY33 | 258 | 2% |
| FY34 | 475 | 5% |
| FY35 | 200 | 2% |
Disclaimer: We do not guarantee the data above is accurate. The information presented here is for general information only. It is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice or recommendation of any sort. Please do your own research before investing.