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Repositioning CapitaLand's REITs
The merger of CMT and CCT, if it happens, could pave the way for redevelopment opportunities that would lift GFA.
September 18, 2020
Property
Singapore office rents to rebound end-2017, says CCT
SINGAPORE (Nov 30): Singapore’s office rents will remain “a little soft” in 2017 and may pick up only at the end of the year when the amount of new supply of space shrinks, according to CapitaLand Commercial Trust, one of the city-state’s biggest
November 30, 2016
Property
CBD property market heating up despite gloomy outlook
SINGAPORE (Nov 29): The Singapore Central Business District has just seen its fourth major office transaction in 2016, after CLSA Capital Partners acquired 77 Robinson Road for $531 million. The sale of One George Street is also said to be under negotiati
November 29, 2016
CLSA Capital Partners’ acquisition of 77 Robinson Road ‘reasonable’, says Religare
SINGAPORE (Nov 22): CLSA Capital Partners has acquired 77 Robinson Road for $530.8 million, or $1,810 psf for the net lettable area of an approximate 293,000 sq ft, from SEB ImmoInvest fund.
November 22, 2016
CapitaLand Commercial Trust’s 2Q DPU edges up to 2.20 cents; grows 1.9% in 1H
SINGAPORE (July 20): CapitaLand Commercial Trust (CCT) on Wednesday reports distribution per unit (DPU) increased 0.5% to 2.20 cents in 2Q16, from 2.19 cents last year, on the back of higher contributions from CapitaGreen and Raffles City Singapore.
July 20, 2016
Broker's Calls
CapitaLand kept at ‘buy’ by OCBC on new co-working space business and share buybacks
SINGAPORE (June 13): OCBC has kept its “buy” call on CapitaLand and with an unchanged target price of $3.68, noting that the property giant has been moving into new business areas, while starting share buy backs.
June 13, 2016