CapitaLand

Broker's Calls

Property prices expected to rebound 3-7% so which stocks should do well?

SINGAPORE (Jan 12): RHB expects property prices to rebound by 3-7% in 2018, driven by an improving job market, strong surge in the en-bloc market and falling inventory levels.

Management & Corporate Governance

SGX-listed companies lag in remuneration disclosures: report

SINGAPORE (Jan 11): Disclosure of remuneration amounts for directors and higher management remains weak among companies listed on the Singapore Exchange, according to a report released today by corporate governance advocate Mak Yuen Teen of the NUS Busine

Broker's Calls

Analysts positive on CapitaLand's divestment of China malls

SINGAPORE (Jan 8): RHB Research is upgrading CapitaLand to “buy” with a higher target price of $4.20, from “neutral” with a target price of $3.90 previously, after the real estate giant announced it is divesting its share of interest in 20 malls i

Right Timing

Right timing: Rebound turns into rally

SINGAPORE (Jan 6): Here are some charts for our technical analysis this week.

CapitaLand divests stakes in companies holding 20 retail assets for $75 mil gain

SINGAPORE (Jan 5): CapitaLand has agreed to divest its share of interest in a group of companies that hold an agreed value of RMB8.37 billion ($1.7 billion) through 20 retail assets in China, each with an average gross floor area (GFA) of about 40,000 sqm

Property

Ascott signs 9 new management contracts in China; crosses 20,000-unit target ahead of time

SINGAPORE (Jan 4): CapitaLand’s serviced residence business unit, The Ascott Limited, recently won contracts to manage nine properties with over 2,000 units in China.

Property

CapitaLand acquires first office building in Germany for $392 mil in JV with Lum Chang

SINGAPORE (Dec 28): CapitaLand is expanding its commercial business beyond Asia by acquiring its first office building in Germany.

Broker's Calls

CapitaLand's latest acquisition in Shanghai keeps it at 'buy'

SINGAPORE (Dec 20): DBS is maintaining its “buy” call on CapitaLand with a target price of $4.35 following the group’s latest acquisition of a commercial site in Shanghai.

M&A

CapitaLand to buy commercial site next to recently-acquired Innov Center in Shanghai for $171 mil

SINGAPORE (Dec 19): CapitaLand announced that its wholly-owned business unit, CapitaLand China, is acquiring Shanghai Mingchang Properties (SHMC) for RMB838 million ($171 million).

Property

Ascott to manage two properties in Africa

SINGAPORE (Dec 18): CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited, has secured contracts to manage two properties situated in Accra, the capital of Ghana.  
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