This would increase funds under management of CLI’s listed funds platform, strengthening its leading position as Asia Pacific’s largest REIT sponsor-manager by market capitalisation.
CapitaLand Investment (CLI) plans to list the CapitaLand Commercial C-REIT (CLCR) on the Shanghai Stock Exchange.
According to an April 17 announcement, the listing would mark the first international-sponsored retail C-REIT and the first such C-REIT by a Singapore-based company once approved.
