CapitaLand

Broker's Calls

CapitaLand's merger with Ascendas-Singbridge to herald new growth era: DBS

SINGAPORE (May 27): DBS Group Research believes CapitaLand’s (CAPL) merger with Ascendas-Singbridge (ASB) will herald a new era of growth for the property group.
CapitaLand injects two Shanghai office buildings to discretionary equity fund as seed assets

Property

CapitaLand injects two Shanghai office buildings to discretionary equity fund as seed assets

SINGAPORE (May 24): CapitaLand is injecting two prime Shanghai office buildings into CapitaLand Asia Partners I – the group’s maiden discretionary real estate equity fund which first closed on April 22 this year – as seed assets.

Asset management

Blackstone pushes 2018 global real estate AUM to US$3.2 trillion mark with a record-breaking year

SINGAPORE (May 22): Total real estate assets under management (AUM) for 2018 rose 12% to US$3.2 trillion ($4.4 trillion) from US$2.8 trillion in 2017, according to this year’s ANREV/INREV/NCREIF Fund Manager Survey.
Funan office component said to hit 98% pre-leasing commitment at TOP

Property

Funan office component said to hit 98% pre-leasing commitment at TOP

SINGAPORE (May 8): The manager of CapitaLand Mall Trust (CMT) and CapitaLand say the twin office blocks of Funan have secured a total pre-leasing commitment of 210,000 sq ft or 98% of its total office net lettable area (NLA) at the point of securing TOP i

Broker's Calls

CapitaLand kept at 'buy' by OCBC on backend-loaded year for China sales

SINGAPORE (May 3): OCBC Investment Research is maintaining its “buy” call on CapitaLand even though 1Q19 results missed OCBC and the street’s expectations.

In print this week

Ascendas Hospitality Trust rejigs portfolio to weather Aussie downdraft

SINGAPORE (Apr 29): Now that the shareholders have approved CapitaLand’s proposed merger with Ascendas-Singbridge, attention may turn to synergies and overlaps in the two companies. In particular, ASB’s hospitality arm, Ascendas Hospitality Trust (AHT

CapitaLand divests StorHub self-storage business for $185 mil

SINGAPORE (Apr 23): As part of its asset recycling strategy, CapitaLand is divesting its stake in the group of companies that own and manage the group’s self-storage business StorHub to an unrelated third party.

In print this week

CapitaLand dips its toes into new asset classes such as Jewel and multifamily housing as ASB merger is approved

SINGAPORE (Apr 22): Jewel Changi Airport — Singapore’s newest integrated development by CapitaLand and Changi Airport — is quite the talk of the town with its waterfall, jungle, shops, eateries and a YOTELAIR. It houses more than 2,000 trees and pal

Contracts

Ascott wins contracts to manage 14 new properties including three under lyf

SINGAPORE (Apr 9): The Ascott Limited, CapitaLand’s lodging business unit, has won contracts to manage 14 properties with over 2,000 units in China, Germany, India, Indonesia, Japan, Malaysia, Thailand and Saudi Arabia.

Commentary

Why CapitaLand's purchase of Ascendas-Singbridge isn't fair to minorities, and what can be done about it

SINGAPORE (April 8): CapitaLand has made a convincing case for why its proposed acquisition of the Ascendas-Singbridge group from Temasek Holdings is in its long-term interest. But it hasn’t demonstrated that its minority investors are being treated fai
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