PropertyBT: CICT’s big bet on Singapore’s office and retail future

    • Tony Tan, CEO of the manager of CapitaLand Integrated Commercial Trust (CICT).
    • Tony Tan, CEO of the manager of CapitaLand Integrated Commercial Trust (CICT). PHOTO: CAPITALAND INTEGRATED COMMERCIAL TRUST
    Published Tue, Nov 26, 2024 · 05:00 AM

    Singapore’s Reits have had a tough couple of years. Despite the challenging environment, recently, CapitaLand Integrated Commercial Trust (CICT), Singapore’s biggest Reit, made a major bet to acquire 50 per cent of the iconic Ion Orchard mall.

    In this episode, senior correspondent Leslie Yee sits down with Tony Tan, CEO of CICT’s manager to discuss the trust’s strategy to capture the luxury retail market, the dynamics of Singapore’s office supply and demand, and the challenges facing Reits amid a volatile interest rate environment.

    Synopsis: Hosted by senior correspondent Leslie Yee, PropertyBT from The Business Times shares insights on all things Singapore property to help you on your property investment journey. Episodes feature views and insights from property analysts.

    Read Leslie’s articles:

    Win-win investment property deals exist, but lower interest rates raise risk of bad deals

    Ride the S-Reits revival via market leaders CICT and CapitaLand Ascendas Reit

    BT in your inbox

    Start and end each day with the latest news stories and analyses delivered straight to your inbox.

    ---

    Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

    ---

    Written and hosted by: Leslie Yee (lyee@sph.com.sg)

    With Tony Tan, CEO of the manager of CapitaLand Integrated Commercial Trust.

    Edited by: Emily Liu & Claressa Monteiro

    Produced by: Leslie Yee & Emily Liu

    Engineered by: Chai Pei Chieh

    ---

    Follow BT Correspondents:

    Channel: bt.sg/btcobt

    Amazon: bt.sg/btcoam

    Apple Podcasts: bt.sg/btcoap

    Spotify: bt.sg/btcosp

    YouTube Music: bt.sg/btcoyt

    Website: bt.sg/btcorresp

    Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

    ---

    Discover more BT podcast series:

    BT Money Hacks: bt.sg/btmoneyhacks

    BT Podcasts: bt.sg/pcOM

    BT Market Focus: bt.sg/btmktfocus

    BT Branded Podcasts: bt.sg/brpod

    BT Lens On: bt.sg/btlenson

    Copyright SPH Media. All rights reserved.