CapitaLand

Broker's Calls

CapitaLand gets a 'buy' on active capital recycling and portfolio rebalancing

SINGAPORE (Aug 23): CapitaLand’s recent acquisitions in Singapore and China show continued efforts to recycle capital and rebalance its portfolio mix, say analysts.

M&A

CapitaLand-CDL JV secures prime site in Sengkang Central for $777.8 mil

SINGAPORE (Aug 16): CapitaLand and City Developments Limited (CDL) jointly announced that they, in a joint venture (JV), have secured a mixed-use residential and commercial site in Sengkang Central for $777.78 million.

Broker's Calls

RHB remains 'neutral' on Singapore property sector on expected slower volumes

SINGAPORE (Aug 16): RHB is remaining “neutral” on the Singapore property sector on muted growth in property price in the coming months, impacted by the recent cooling measures. 

M&A

CapitaLand wins bid for 2 prime Guangzhou residential sites for $409 mil

SINGAPORE (Aug 14): CapitaLand has been awarded two prime residential sites in Guangzhou, China for RMB2.05 billion ($409.3 million).

Results

CapitaLand 2Q earnings up 4.4% to $605.5 mil on investment properties

SINGAPORE (Aug 8): CapitaLand posted 2Q18 earnings of $605.5 million, 4.4% higher as compared to a year ago, mainly due to higher contributions from newly acquired and opened investment properties in Singapore, China and Germany, and revaluation gains fro

CapitaLand expands philanthropic mandate to Singapore's elderly with launch of $2 mil fund

SINGAPORE (July 31): CapitaLand, through its philanthropic arm CapitaLand Hope Foundation (CHF), has established a $2 million charity fund with an aim to “assist and empower the elderly in Singapore”.

Property

Ascott names Cebu Landmasters as strategic partner; Makati property to receive world-first green certification

SINGAPORE (July 26): CapitaLand’s wholly-owned service residence business unit, The Ascott Limited, has entered into a strategic alliance with Filipino developer Cebu Landmasters to manage a total of 1,600 units by 2022.

Broker's Calls

Party's over for Singapore's residential real estate sector

SINGAPORE (July 23): RHB is downgrading its sector “overweight” on Singapore real estate to “neutral” on expectations of transaction volumes for 2018 to fall by 10% from the 10-15% rise previously, and for prices to stay flattish over 2H18-2019.

Broker's Calls

Expected to emerge unscathed from latest curbs, CapitaLand is RHB's top large-cap 'buy'

SINGAPORE (July 23): CapitaLand is RHB Research’s top large-cap “buy” given it has the least exposure to Singapore’s residential segment among big-cap developers and is likely to see minimal impact from latest cooling measures.

Commentary

Temasek gains more relevance as it pursues emerging, disruptive trends

SINGAPORE (July 16): During the early years of this newspaper, I rarely made space in our pages for Temasek Holdings. While we actively covered the many public-listed companies in which it held major stakes, doing a story on Temasek itself seemed to be mo
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