Easing Into Recovery In line, undemanding valuationsCICT reported an in-line 1H21, as revenue, NPI and DPU met 47-48% of ourfull-year estimates. Revenue and NPI eased in 2Q21 at c.8% QoQ and c.9%QoQ, as its retail assets saw a weaker performance at c.12% QoQ and c.14%QoQ, while vacancy rose for its Singapore offices. Risk-reward howeverremains favourable, […]

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