This is HUGE news.
How HUGE, you ask?
3rd Largest APAC REIT huge.
Jokes aside, CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) are looking to merge via scheme of arrangement, renaming themselves as CapitaLand Integrated Commercial Trust (CICT) in the process.
Get a sneak peer at my Early Retirement Masterclass
My dividends surpassed my living expenses when I was 32. I retired when I was 39 on an average of $9-$11,000 worth of dividends each month.
This merger will create the 3rd largest REIT in the Asia Pacific and propel CICT to overtake Ascendas REIT as the largest REIT in Singapore ...