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CapitaLand Development (CLD)
REITs
CICT divests JCube to CapitaLand Group subsidiary for $340 mil as an interested person transaction
According to CICT, the divestment is part of its strategy to “deliver stable and sustainable returns to unitholders”.
January 25, 2022
Property
CapitaLand Development divests Hanoi Grade A office building for $751 mil
The amount was said to be made at a premium to book value, according to CLD.
January 20, 2022
Deals, joint ventures & alliances
CapitaLand Development, Mitsubishi Estate to develop RMB1.5 bil business park in China’s Suzhou New District
CLD will undertake the development of the business park, while the operations will be managed by CapitaLand Investment.
December 30, 2021
Property
CapitaLand Development acquires prime site in Vietnam with projected total gross development value of $1.12 bil
The transaction is expected to be completed by the first half of 2022.
December 14, 2021
M&A
Delicious de-listings
We drank in sympathy with one of our number. We went home and regained enough sobriety to remember to buy the stock the next day.
November 18, 2021
Property
CapitaLand Development to launch two luxury residences in Vietnam
The projects will expand CLD's residential portfolio in Vietnam to over 7,300 units across 14 properties.
November 08, 2021
Property
CLI opens on steady note, management looks to future in new economy, PERE and alternative assets
CLI opens and closes at $2.95, and stays on a steady note despite market meltdown in Hong Kong and Singapore
September 20, 2021