AcquisitionCICT will gain 100% ownership of CapitaSpring after acquiring the remaining 55% stake.
Asset EnhancementCICT's proposed asset enhancement initiatives are expected to yield ROI of above 7% each.
DPU GrowthThe acquisition is expected to provide DPU accretion of 1.1% despite its modest scale.
Occupancy RatesCICT's overall portfolio committed occupancy was 96.3%, with retail at 98.6% and office at 94.6%.