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CapitaLand Investment (CLI)
REITs
CICT's manager proposes to acquire ION Orchard at $1.85 billion, subject to EGM
ION Orchard's gross yield according to a CICT presentation, is 7.1%, and the deal is pro forma 0.9% accretive to DPU
September 03, 2024
Company in the news
CapitaLand Investment divests 95% stake of Grade-A office Capital Square Beijing to AIA Life Insurance
CLI will hold the remaining 5% stake and provide asset management services, which will contribute to its recurring fee income.
January 31, 2024
Company in the news
2023 ‘unusually difficult year’, but CLI’s CEO is ‘confident’ about what is to come
Shares in CLI closed at $3.16 on Dec 29, 2023.
January 02, 2024
Broker's Calls
Bright spots in property likely to come from ECs, suburban condos in OCR and RCR and resale HDB flats: DBS
The brokerage has named CapitaLand Investment, CDL and GuocoLand as their top picks within the sector.
December 14, 2023
Company in the news
CapitaLand’s property management arm turns into platform play
CLI has introduced commercial management as a key pillar of CLI's businesses in 3Q2023. Chris Chong explains what it's about
November 29, 2023
Results
CapitaLand Investment reports 9MFY2023 revenue of $2.09 bil, 3% lower y-o-y
For the 9MFY2023, the group’s total transactions fell by 42% y-o-y to $3.8 billion.
November 09, 2023
Funds
CLI establishes wellness and healthcare-related real estate fund with Thailand’s PSH
CLI and PSH have jointly committed an initial equity investment of $350 mil towards the fund’s target equity size of $500 mil.
October 31, 2023
Sustainability
Ascott, UN-formed tourism body train hospitality staff in sustainability
A total of 27 tourism professionals took part in the three-day sustainability course.
October 19, 2023
Company in the news
Ascott rides bleisure trend, raising the luxe bar and refreshing China properties
In the pipeline, Ascott will introduce more properties into its luxury serviced apartment brand, The Crest Collection.
October 19, 2023
Property
Ascott debuts Crest brand in Asia with three openings in three months
The three newly-opened properties are in Singapore, Indonesia and Malaysia.
October 19, 2023