CICT net property income rises 8.7%; rent reversions positive at 6.5% for office and 4% for retail

For the first half of the year, CapitaLand Integrated Commercial Trust (CICT) saw gross revenue rising 7.5% y-o-y to $846.8 million while net property income increased by 8.7% to $630.5 million. This was driven by income contributions from CapitaSpring’s commercial component in Singapore and the Gallileo commercial…