CapitaLand Integrated Commercial Trust (CICT or the Trust) is the first and largest real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) with a market capitalization of US$14.2 billion or S$18.2 billion as at 31 December 2025. It debuted on SGX-ST as CapitaLand Mall Trust in July 2002 and was renamed CICT in November 2020 following the merger with CapitaLand Commercial Trust. As the largest proxy for Singapore commercial real estate, CICT owns and invests in quality income-producing assets primarily used for commercial (including retail and/or office) purposes, located predominantly in Singapore. CICT’s portfolio comprises 20 properties in Singapore, two properties in Frankfurt, Germany, and three properties in Sydney, Australia with a total property value of S$27.0 billion or US$21.0 billion based on valuations of its proportionate interests in the portfolio as at 31 December 2025. CICT is managed by CapitaLand Integrated Commercial Trust Management Limited (CICTML or the Manager), a wholly owned subsidiary of CapitaLand Investment Limited, a leading global real asset manager with a strong Asia foothold. CapitaLand Integrated Commercial Trust was established in October 29, 2001.
Metrics to compare | CMLT | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipCMLTPeersSector | |
|---|---|---|---|---|
P/E Ratio | 18.7x | 15.8x | 8.9x | |
PEG Ratio | −2.62 | 0.17 | 0.01 | |
Price/Book | 1.1x | 0.8x | 0.9x | |
Price / LTM Sales | 10.8x | 7.3x | 3.7x | |
Upside (Analyst Target) | 15.2% | 19.5% | 22.2% | |
Fair Value Upside | Unlock | −8.2% | 3.4% | Unlock |