Temasek’s Fullerton disposes of 906,400 units in CICT at $1.798 each

Following the disposal, Fullerton’s stake in the REIT is now at 0.4982%.

CICT reported a net property income (NPI) of $275.0 million for the 3QFY2023 ended Sept 30, a 0.6% increase y-o-y. Its NPI for the 9MFY2023 grew by 6.8% y-o-y to $827.3 million.

Units in CICT closed 1 cents lower or 0.53% down at $1.88 on Nov 20.