1,360 Followers SGX:C31 - CapitaLand Ltd CapitaLand
Sector: Real Estate, Industry: Real Estate Development
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CapitaLand buys $1.18b property in China

27 Jun 2018 - Singapore Business Review
The mixed-used site can yield up to 1,900 residential units and a shopping mall. CapitaLand acquired a mixed-use site in Chongquing, China for $1.18b (RMB5.7b). The 32 ha parcel is expected to yield 1,900 residential units and a shopping mall when fully developed by 2022, an announcement revealed. With ...
sgx:c31

CapitaLand's portfolio value hits $10.9b

26 Jun 2018 - Singapore Business Review
It is poised to benefit from the growth of Frankfurt’s banking district and overall office market after its acquisition of 94.9% of Galileo. The transaction did not just extend CCT’s footprint to Frankfurt’s prime CBD. It also bolstered CCT’s portfolio worth to $10.9b, occupancy by 30 bps to 97.6%, and ...
sgx:c31

CapitaLand to manage 2 malls in Guangzhou and Chengdu

19 Jun 2018 - Singapore Business Review
The property giant now has a retail network of five malls in South China. CapitaLand Retail acquired management contracts for two China malls. The property firm’s shopping mall business will head the retail component of The Grand City in Guangzhou and a low-rise shopping mall in Quingyang District, Chengdu, ...
sgx:c31

CapitaLand to attach robotic product collector arms to Funan mall

28 May 2018 - Singapore Business Review
It unveiled its plans that also involve a 24-hour click-and-collect shopping drive-thru. CapitaLand Mall Trust's Funan mall unveiled its plan to digitise customer analytics within its premises, deploy automated guided vehicles (AGV), attach a robotic arm in its retail setting, and implement a 24-hour ...
sgx:c31

Capitaland to pay $569.6m for major stake in Frankfurt property

18 May 2018 - Singapore Business Review
Analysts weigh in on the effects of the company's exposure in the German market. CapitaLand Commercial Trust (CCT) bought Gallileo, a freehold Grade A commercial property located in Frankfurt, Germany for an agreed property value of $569.6m (€356m), representing the REIT’s first European foray. CGS-CIMB ...
sgx:c31

Singapore’s CapitaLand joins booming Chinese co-working office segment

8 May 2018 - South China Morning Post
CapitaLand, Singapore’s largest commercial developer, has joined the increasingly crowded fray in China’s booming co-working market, now being driven predominantly by rising demand from technology firms looking for flexibility in the workplace. Chief executive Lim Ming Yan said China’s digitalisation ...
sgx:c31

CapitaLand Q1 profits slipped 18.8% to $319.09m

2 May 2018 - Singapore Business Review
It blamed the absence of the gain from the sale of The Nassim. CapitaLand's profits in Q1 fell by 18.8% YoY to $319.09m, due to the absence of the gain from the sale of The Nassim in the first quarter of 2017, which was mitigated by higher gains from its portfolio. According to its financial statement, ...
sgx:c31

CapitaLand could have offered JP Morgan discounted rents for CapitaSpring

13 Apr 2018 - Singapore Business Review
Analysts think the rents could have hit $12-$14 psf/month for nearly 25% of the property's leasable area. CapitaLand Commercial Trust (CCT) secured JP Morgan as an anchor tenant for its Golden Shoe redevelopment project which it is jointly developing with its sponsor, CapitaLand and Mitsubishi Estate. ...
sgx:c31

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