Today we are looking at something monumental. CapitaLand Integrated Commercial Trust, or CICT (SGX: C38U) has just announced a massive S$6.4 billion asset swap. This transaction was just announced, and I immediately evaluated it because it is incredibly important to many investors, including me. Without a doubt, this is one of the most significant and structurally significant portfolio restructurings we have seen in the Singapore REIT sector in recent years. We’ll explain clearly what CICT is buying, what they’re selling, how they’re financing it, and most importantly, what it means for your portfolio. We will examine the undeniable financial genius of this yield arbitrage, but we will also confront the real, very expensive renewal risks associated with this new crown jewel. Before we get into the numbers and strategy, a quick reminder that this video is for informational purposes only, and not financial advice. Always do your own research and consult a licensed financial advisor before making any investment decisions. I have some of the REITs discussed but what works for me may not work for you. Let’s dive right in…
