CCT eyes higher rents at CapitaGreen, expects positive rental reversions

Singapore

AMID limited office supply in the near term, CapitaCommercial Trust (CCT) is eyeing higher rents for the remaining 30 per cent of office space at CapitaGreen, where it hopes to achieve full committed occupancy by the end of this year.

Office leases contributing 12 per cent of CCT portfolio's gross rental income are also up for renewal in 2015, and CCT said it is expecting positive rental reversions.