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CapitaLand Integrated Commercial Trust (C38U) investor relations material
CapitaLand Integrated Commercial Trust Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
9M 2026 NPI rose 10.4% YoY to S$965.4M; growth from Paragon, Gallileo and CapitaSpring’s step-up acquisition was partly offset by BPP and AST2 divestments.
Portfolio occupancy was 96.1% at 30 Sep 2026, up 0.5 ppts QoQ; shopper traffic rose 2.3% YoY and tenant sales increased 2.1%.
Financial highlights
3Q 2026 gross revenue was S$464.5M, up 15.0% YoY; NPI was S$334.9M, up 13.8%.
9M 2026 gross revenue was S$1,311.2M, up 10.0% YoY; NPI was S$965.4M, up 10.4%.
Outlook and guidance
Mid-single-digit rent reversions are targeted for both office and retail in the quarters ahead; occupancy growth and phased AEIs are key organic growth drivers.
Singapore energy costs are locked in to Jun 2027 on a lower-cost formula; overseas energy costs are largely locked in to mid-2027–2028.
Frankfurt leasing momentum is expected to continue in 4Q 2026, with take-up forecast at 400k sq m; Sydney CBD occupancy is expected to improve as vacancy declines.
- Higher 1H distributions paired with resilient occupancy and disciplined capital management.C38U
Investor presentation - Strong 1H 2026 growth, high occupancy, and robust capital management drive resilient performance.C38U
Investor presentation - Strong 1H 2026 results, high occupancy, and disciplined growth drive resilient performance.C38U
Investor presentation - Strategic portfolio growth, high occupancy, and strong ESG drive sustainable returns.C38U
Corporate presentation - Strong portfolio, high occupancy, and strategic growth initiatives drive resilient performance.C38U
Investor presentation - DPU up 7.1% to 6.02 cents, with strong income growth and high occupancy supporting outlook.C38U
H1 2026 - Portfolio value hit S$26.0B, with income and occupancy up, and leverage down.C38U
H2 2024 - Strong FY2025 growth in income, DPU, and portfolio value, with positive outlook and prudent risk focus.C38U
H2 2025 - Net property income up 7.9% year-over-year, with strong occupancy and capital redeployment.C38U
Q1 2026 TU
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