CapitaLand Integrated Commercial Trust (CICT) is one of the largest Real Estate Investment Trust in Singapore. CICT invests in retail and office properties and integrated developments. Its portfolio consists of 21 properties in Singapore and two in Frankfurt with an asset value of Singapore dollars (S$) 22.5 billion as at Dec. 31, 2021. CapitaLand Integrated Commercial Trust Management Ltd., a wholly owned subsidiary of Singapore-listed CapitaLand Investment, manages CICT.