Guozheng Center

Broker's Calls

Divestment of Innov Tower to further boost Capitaland’s earnings for FY17F

SINGAPORE (June 6): DBS Vickers Securities is maintaining its “buy” call on Capitaland with a target price of $4.33.

Property

CapitaLand in acquisition and divestment of Shanghai office buildings valued at $851 mil

SINGAPORE (June 1): CapitaLand says it has agreed to buy Guozheng Center, a newly completed office development in Yangpu District, Shanghai, China, for RMB2.64 billion ($535 million).
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