Post by CapitaLand
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At CapitaLand Integrated Commercial Trust’s (#CICT) Annual General Meeting, Chairman Ms Teo Swee Lian and CEO Tan Choon Siang engaged unitholders in a robust and constructive dialogue on CICT’s strategy amid a more uncertain macro environment. Management reaffirmed its focus on Singapore, portfolio resilience and disciplined capital allocation as the foundation of long-term value creation. Key takeaways from the AGM: 🔄 𝐃𝐢𝐬𝐜𝐢𝐩𝐥𝐢𝐧𝐞𝐝 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐫𝐞𝐜𝐨𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧 – Recycling capital from stable-yielding assets into higher-yielding opportunities to strengthen portfolio quality and drive year-on-year DPU growth 🌱 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐨𝐫𝐠𝐚𝐧𝐢𝐜 𝐠𝐫𝐨𝐰𝐭𝐡 – Enhancing asset value through active management, tenant engagement and ongoing trade mix optimisation 📊 𝐁𝐚𝐥𝐚𝐧𝐜𝐞-𝐬𝐡𝐞𝐞𝐭 𝐝𝐢𝐬𝐜𝐢𝐩𝐥𝐢𝐧𝐞 – Managing interest-rate volatility by aligning debt tenures with leases and maintaining high proportion of fixed-rate borrowings to protect earnings stability through interest rate cycles 📈 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐞𝐝 𝐃𝐏𝐔 𝐠𝐫𝐨𝐰𝐭𝐡 – Prioritising total unitholder returns through active asset management, prudent capital management and ongoing portfolio reconstitution We thank our unitholders for their continued support as we execute on CICT’s long-term growth strategy.