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About CCT
About CCT
 

CapitaCommercial Trust ("CCT") is Singapore’s first Real Estate Investment Trust ("REIT") investing in quality income-producing properties predominantly used for commercial purposes. Listed on the Singapore Exchange Securities Trading Limited ("SGX-ST") on 11 May 2004, CCT was created through a capital reduction exercise by CapitaLand Limited ("CapitaLand"), which was a distribution in specie to its existing shareholders.

Managed by CapitaCommercial Trust Management Limited (CCTML), an indirect wholly-owned subsidiary of CapitaLand, CCT has grown to be the largest listed commercial REIT by market capitalisation and asset size since inauguration. CCT's current market capitalisation is about S$2.6 billion (based on closing price of S$1.91 per unit on 30 June 2008). By constantly developing new ideas and approaches to real estate management, CCT will stand firmly rooted as one of Singapore's premier commercial REIT.

As of 11 July 2008, CCT's total asset size is about S$7.0 billion, comprising eleven quality properties in the Downtown Core of Singapore. They include: Capital Tower, 6 Battery Road, 1 George Street, HSBC Building, Starhub Centre, Robinson Point, Raffles City (60% interest through RCS Trust), Bugis Village, Golden Shoe Car Park and Market Street Car Park as well as a property under development known as Wilkie Edge.

In addition, CCT is a substantial unitholder of Quill Capita Trust ("QCT") with a 30% stake and has a 7.4% stake in the Malaysia Commercial Development Fund ("MCDF"). QCT is a commercial REIT listed on the Bursa Malaysia Securities Berhad, with a portfolio of nine commercial properties in Kuala Lumpur and Cyberjaya. MCDF is CapitaLand's first and largest Malaysia private real estate fund, with focus on real estate development properties primarily in Kuala Lumpur and the Klang Valley.

Going forward, CCT’s focus continues to be on prime quality office buildings. However, plans are underway to widen CCT’s geographical presence by acquiring yield-accretive properties in the region . Coupled with access to CapitaLands resources and business network, CCT is in prime position to brave the next lap.


To deliver long-term sustainable distribution and total returns to Unitholders

To be a premier commercial REIT in Singapore and Asia, backed by a portfolio of quality income-producing commercial buildings, and led by a team of dedicated and experienced management personnel