But this was mainly due to the absence of a $160.9 million gain from the sale of The Nassim in 1Q17.
SINGAPORE (May 2): Analysts are brushing aside CapitaLand’s 18.8% decline in 1Q earnings and reiterating their “buy” recommendations on the real estate giant.
The group reported earnings of $319.1 million for the quarter ended March, falling from $392.8 million a year ago.

