CapitaLand unlocks value from Shanghai office asset swap

8 Jun 2017 - Singapore Business Review
The move came as the city recorded a pickup in demand. RHB said CapitaLand's recent office asset swap with the divestment of Innov Tower and the acquisition of Guozheng Centre is slightly positive for the group. According to the brokerage firm, it allows CapitaLand to unlock value from a mature stabilised ...
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Stocks to watch: Keppel Group, CapitaLand, Ascott Reit, Noble

7 Jun 2017 - Business Times Breaking News
KEPPEL Group: The offshore and marine group which operates a waste management plant and a sewage treatment plant as well as a shipyard in Qatar has said these facilities are "proceeding as normal", and it is "monitoring the developments closely". This comes as a diplomatic crisis deepens between Qatar ...
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CapitaLand: Sees Potential To Double Japan AUM To S$5 Billion.

6 Jun 2017 - ShareInvestor Express
CapitaLand Limited sees potential to grow its assets under management in Japan to S$5 billion, double its current AUM of over S$2.5 billion as at 31 March 2017. The Group is also on track to achieve at least S$3 billion worth of AUM in the market by the end of 2017. Japan is expected to feature prominently ...
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CapitaLand aggressively expanding its Chinese portfolio

6 Jun 2017 - Singapore Business Review
It spent a total of $613.8m to buy three new properties. Amidst the announcement of divesting Innov Tower for S$316m, CapitaLand recently revealed that it will acquire two serviced residences assets in Chongqing and Chengdu, China at an agreed aggregate value of US$56.9m (S$78.8m). In Shanghai, the group ...
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CapitaLand to gain $85m with Innov Tower sale

5 Jun 2017 - Singapore Business Review
The gains could be used to acquire the Guozheng Center. CapitaLand is following an asset reconstitution in China with the recent divestment of Innov Tower and the planned investment in Guozheng Center. According to DBS Group Research, the divestment of the Innov Tower could realise an $85m gain for the ...
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CapitaLand: Concurrently Acquires And Divests Shanghai Office Buildings Of Value RMB4.2 Billion.

2 Jun 2017 - ShareInvestor Express
CapitaLand Limited, through its wholly owned business unit CapitaLand China, has entered into agreements with unrelated parties to acquire Guozheng Center, a newly completed office development in Yangpu District, Shanghai, China, at an agreed property value of RMB2.64 billion (S$535 million)...
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CapitaLand: Undertakes Concurrent Acquisition & Divestment Of Shanghai Office Buildings Valued At RMB4.2 Billion.

1 Jun 2017 - ShareInvestor Express
Strengthens foothold in China's biggest metropolis by unlocking investment gains and redeploying capital to higher yielding ventures...
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Stocks to watch: United Engineers, CapitaLand, k1 Ventures

1 Jun 2017 - Business Times Breaking News
United Engineers:OCBC and Great Eastern (GEH) on Thursday said that they have received proposals from several parties regarding their combined stakes in United Engineers and WBL Corporation."OCBC Bank and GEH are evaluating these proposals and are in discussions with such parties, and there is no certainty ...
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CapitaLand buys Guozheng Centre for S$535m; divests Innov Tower

1 Jun 2017 - Business Times Breaking News
CAPITALAND said on Thursday that it has agreed to buy Guozheng Center, a newly completed office development in Yangpu District, Shanghai, China, for RMB2.64 billion (S$535 million). Based on total gross floor area (GFA) of 80,701 square metres (sqm), the price translates to an investment of RMB32,713 ...
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CapitaLand strengthens Shanghai footprint with Guozheng Center acquisition

1 Jun 2017 - DealStreetAsia
CapitaLand Limited has divested as well as acquired office property in the Chinese commercial centre of Shanghai, recording a net gain of about S$85 million. Through its wholly owned business unit CapitaLand China, the firm is acquiring Guozheng Center, a newly completed office development in Yangpu ...
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