CapitaLand’s real estate holdings include, among other assets, several of the largest malls in Singapore and Malaysia.
CapitaLand Integrated Commercial Trust (CICT)
Ticker: | SGX:C38U |
Dividend Yield: | 4.50% |
CICT was the first REIT listed on the Singapore Exchange. Since then, it has grown to be the largest of its kind in the nation, with a market cap above S$13 billion.
It is comparatively undervalued against its Western counterparts. In the US, the median REIT has a P/E ratio of 45, while CICT has a P/E ratio of about 15.
Put simply, you’re paying almost half as much per…