CapitaLand Commercial Trust's high-quality assets are well positioned despite rising office supply.
CapitaLand Commercial Trust reported fourth-quarter results in line with expectations, and the result does not alter our long-term view on the narrow-moat office property trust. The large supply of office completion this year will pressure office rentals in Singapore, and we do not anticipate rental growth until 2018. As such, fiscal 2017 distributable unit per share will remain steady against last year before slight increases from fiscal 2018, in our view. The trust's distribution is supported ...CapitaCommercial Trust is a commercial real estate investment trust investing in properties predominantly used for commercial purposes. Through its subsidiary, Co. is engaged in the provision of treasury services, including lending to the Trust the proceeds from issuance of notes under an unsecured multicurrency medium term note program. As of Dec 31 2011, Co.'s portfolio comprised of nine properties including three office buildings, one prime office building, three mixed-use properties, one multi-story car park and an ongoing development for a new office tower, all of which are located in Singapore.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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