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CapitaLand's latest acquisition in Shanghai keeps it at 'buy'

Samantha Chiew
Samantha Chiew • 3 min read
CapitaLand's latest acquisition in Shanghai keeps it at 'buy'
SINGAPORE (Dec 20): DBS is maintaining its “buy” call on CapitaLand with a target price of $4.35 following the group’s latest acquisition of a commercial site in Shanghai.
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SINGAPORE (Dec 20): DBS is maintaining its “buy” call on CapitaLand with a target price of $4.35 following the group’s latest acquisition of a commercial site in Shanghai.

The group on Tuesday announced that it is acquiring a commercial land plot in Wujiaochang decentralised business district (DBD), Shanghai for RMB838 million ($171 million).


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