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CapitaLand
Broker's Calls
Singapore's property sector 'overweight' under review by UOB on tapering residential supply
SINGAPORE (Dec 7): UOB KayHian is putting its “overweight” call for Singapore’s property sector under reviewing given the tapering of 1H19 GLS residential supply to prevent a glut.
December 07, 2018
Broker's Calls
CapitaLand kept at 'buy' at higher $4.40 target by UOB on latest acquisitions, Jewel Changi updates
SINGAPORE (Dec 3): UOB KayHian is maintaining its “buy” on CapitaLand with a higher target price of $4.40, pegged to a 20% discount to its revised RNAV.
December 03, 2018
Disruption and Digitalisation
Singapore malls try big gambit before online shopping catches on
(Nov 24): Online shopping in Singapore is lacklustre even after Amazon Inc debuted its Prime service in mid-2017. The island’s malls are trying hard to keep it that way.
November 25, 2018
Property
Ascott boosts pipeline through alliance with Indonesian developer Ciputra
SINGAPORE (Nov 19): The Ascott, CapitaLand’s lodging business unit, has formed a strategic alliance with Ciputra Development Group, one of Indonesia’s top property developers.
November 19, 2018
Broker's Calls
CapitaLand kept at 'buy' on active recycling of geographically diversified portfolio and earnings visibility
SINGAPORE (Nov 16): RHB Research and OCBC Investment Research are maintaining CapitaLand at “buy” after 3Q18 numbers came in line with expectations.
November 16, 2018
M&A
CapitaLand's RCCIP III fund in JV with GIC to acquire Shanghai's tallest twin towers for $2.54 bil
SINGAPORE (Nov 13): CapitaLand announced that its third integrated development private investment vehicle in China, Raffles City China Investment Partners III (RCCIP III), has formed a 50:50 joint venture (JV) with Singapore’s sovereign wealth fund GIC
November 13, 2018
Disruption and Digitalisation
CapitaLand launches new retail concept store at Plaza Singapura
SINGAPORE (Nov 8): CapitaLand today announced the opening of NomadX: a double-storey, 11,000 sqft multi-label concept store at Plaza Singapura that puts forth “a new blend of physical and digital experience” with a combination of olfactory, audio-visu
November 08, 2018
Property
CapitaLand hits record RMB2 bil in China home sales for Oct
SINGAPORE (Nov 7): CapitaLand in October saw a total of four residential launches in China worth RMB2 billion ($396.7 million), its highest home sales value in the country over a 30-day period this year.
November 07, 2018
Results
Ascott REIT posts 8% higher 3Q DPU of 1.82 cents on revenue growth
SINGAPORE (Nov 1): The manager of Ascott Residence Trust (Ascott REIT) has reported 3Q18 distribution per unit (DPU) of 1.82 cents, rising 8% from 1.69 cents in 3Q17 on higher revenue.
November 01, 2018
Results
CapitaLand Retail China Trust announces 3Q DPU of 2.41 cents on higher distributable income
SINGAPORE (Oct 30): The manager of CapitaLand Retail China Trust (CRCT) has announced a 3Q18 DPU of 2.41 cents after accounting for an enlarged unit base, post CRCT’s Dec 2017 private placement to finance its joint acquisition of Rock Square.
October 30, 2018