As Singapore’s largest REIT for commercial real estate, CapitaLand Integrated Commercial Trust (CICT) has a diversified portfolio of high-quality retail and office properties with a strong focus on Singapore. As of 31 December 2025, its portfolio spans Singapore, Frankfurt and Sydney, with total assets valued at more than S$27 billion. I attended CICT’s 2026 Annual General Meeting (AGM) to better understand the past year’s performance and how management is operating in a more uncertain macroeconomic environment. Here are 10 highlights from the AGM. 1. Development pipeline in Hougang introduces a new growth engine. Development is expanding through CICT Hougang Central Integrated ProjectWith a total development cost of approximately S$1.1 billion and an expected yield on cost of more than 5%. This marks a shift beyond traditional acquisition-led growth, allowing REITs to generate value through growth margins. The project is strategically located in the center…
