Summary:

• CapitaLand Integrated Commercial Trust is divesting 90 strata lots at Bukit Panjang Plaza for S$428.0 million in cash to an unrelated buyer, as part of its ongoing portfolio reconstitution strategy​

• The agreed price is above the independent valuation of S$389.0 million as at 31 December 2025, implying an exit yield in the mid-4% range based on adjusted FY2024 net property income​

• Net proceeds of about S$421.2 million, after fees and adjustments, are earmarked to repay debt, fund capex and asset enhancements, and support new investments, enhancing financial flexibility​

• On a pro forma basis, assuming all proceeds go to debt repayment, aggregate leverage would ease from 39.2% to roughly 38.2% as at 30 September 2025, with no material impact expected on NAV or DPU for FY2026​

• The transaction is classified as a non-disclosable deal under SGX listing rules, and none of the manager’s directors or CICT’s controlling unitholders has any interest in the sale beyond their unitholdings​