CapitaLand's profits slump 37.8% to $267.73m in Q4

13 Feb 2018 - Singapore Business Review
Less completed and delivered units from Chinese projects dragged revenue down. CapitaLand suffered headaches as its profits slumped 37.8% YoY from $430.53m to $267.73m in Q4. However, its whole-year profit jumped 30.3% YoY to $1.55b. According to its financial statement, revenue in Q4 fell 34.6% to $1.21b ...
sgx:c31

---

Must-Have Stocks In Your Portfolio - Simply Wall St

11 Jan 2018 - Simply Wall St

sgx:c31 sgx:c29 sgx:f34

---

Here's why Capitaland's recent divestment is more boon than bane

11 Jan 2018 - Singapore Business Review
It recently sold 20 retail malls for $1.71b. CapitaLand does not have to worry about the loss of 20 retail malls it sold for $1.71b as the loss is only limited to 2.2% of overall net property income (NPI), UOB Kay Hian said. According to an analysis, the opening of six strong yielding malls and Rock ...
sgx:c31

---

CapitaLand sells stake in mall owner for $1.71b

9 Jan 2018 - Singapore Business Review
It expects to gain net proceeds of $660m and a net gain of $75m. CapitaLand sold its stake in a company that holds 20 retail assets in China for about $1.71b. According to a press release, each mall has an average gross floor area (GFA), excluding car park, of about 40,000 sqm. They are spread across ...
sgx:c31

---

Here's why CapitaLand's recent Chinese and Indian divestments is a strategic move

8 Jan 2018 - Singapore Business Review
It lowers the company’s risk of retail exposure and unlocks capital from mature assets. CapitaLand’s recent divestments of its stake in 20 retail assets in China for $1.7b (CNY8.4b) as well as its divestment of six retail malls in India is a good move for its long-term growth as it sharpens the company’s ...
sgx:c31

---

China Vanke-led consortium buys 20 malls from Singapore’s CapitaLand for US$1.29 billion

5 Jan 2018 - South China Morning Post
China Vanke, one of China’s largest developers, its commercial property unit SCPG Commercial Real Estate and private equity company Hopu Investment Management have teamed up to acquire 20 shopping malls across China from Singapore’s CapitaLand. The deal for the malls is worth 8.36 billion yuan (US$1.29 ...
sgx:c31 hkex:2202

---

CapitaLand invests in Shanghai office plot for $265m

20 Dec 2017 - Singapore Business Review
It plans to build a 37,765 sqm Grade A office building. CapitaLand invested $265m in a commercial land plot in Wujiaochang decentralised business district (DBD), Shanghai, marking its second investment in the city within six months. According to a press release, CapitaLand bought the site for $171m. ...
sgx:c31

---

Chope secures $13m in recent funding - Singapore Business Review

13 Dec 2017 - Singapore Business Review

sgx:c31

---

CapitaLand inks $10m deal with EDB for staff's skills upgrade

8 Dec 2017 - Singapore Business Review
Employees will be trained in data analytics, digital marketing, and digital product management. CapitaLand inked a $10m partnership with the Singapore Economic Development Board (EDB) for a programme CapitaLand ELEVATE. According to a press release, the programme aims to upskill CapitaLand’s staff and ...
sgx:c31

---

Singapore’s CapitaLand goes digital to boost traffic at its Chinese shopping malls

5 Dec 2017 - South China Morning Post
Singapore property firm CapitaLand is banking on an app that allows visitors to book parking spaces at its Chinese shopping centres, find the stores they want and earn rewards as it looks to stay ahead of tough competition for the consumer dollar. One of the earliest international developers to land ...
sgx:c31

---