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Analysts upbeat on CRCT acquiring five business parks, retail mall

Jeffrey Tan
Jeffrey Tan • 2 min read
Analysts upbeat on CRCT acquiring five business parks, retail mall
DBS believes that the acquisition will bring stability and future-proof its earnings profile against future pandemics.
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Analysts are positive on CapitaLand Retail China Trust’s (CRCT) proposed $1 billion acquisition of five business parks and the remainder 49% stake in Rock Square mall.

This comes after CRCT recently expanded its mandate to cover multi-assets used primarily for retail, office and industrial use.

The proposed acquisition will be financed through a mix of debt, equity, perpetual securities and internal cash resources.

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