CapitaLand Integrated Commercial Trust (CICT)

[opmi]

Still bearish on CCT and office REITS, Guoco Tower and Marina One addition of supply are my key concerns.

Purchase of remaining 60% stake of capitagreen at 1.011 Bil will push it to higher gearing. Hopefully CCT will be able to re negotiate with Capland for a cheaper purchase price given sliding office rents.

all these asset mgrs all self-interest one. The only time they sold the assets cheaper is when they made a mistake..hahah