News about CapitaLand

SINGAPORE (Jan 17): CapitaLand is acquiring a prime commercial site in the CBD of Ho Chi Minh City to develop its first international Grade A office tower in Vietnam.

SINGAPORE (Jan 16): CapitaLand has sold its entire stake in The Nassim for S$411.

SINGAPORE (Jan 13): CIMB is keeping its “overweight” call on Singapore developers on the back of attractive valuations and growth opportunities as the supply overhang passes.

SINGAPORE (Jan 11): Maybank Kim Eng has named CapitaLand Commercial Trust (CCT) as its top “buy” pick in the office sector with an unchanged target price of S$1.

SINGAPORE (Jan 10): CapitaLand Mall Asia, the shopping mall business of CapitaLand, has won the rights to manage the shopping mall in La Botanica, a township located in Xi’an’s Chan-Ba Ecological District.

SINGAPORE (Jan 9): CapitaLand Commercial Trust could be set for growth as it prepares to redevelop Golden Shoe Car Park (GSCP) into a higher value commercial building, and RHB Research has named it its top pick for the office property sector.

SINGAPORE (Dec 16): CIMB expects the affordability of Singapore homes next year to be eroded on the back of higher mortgage rate as interest rates inch up further.

SINGAPORE (Dec 16): CapitaLand on Friday announced that wholly-owned serviced residence business unit The Ascott has acquired Temple Bar Hotel in Ireland capital Dublin for 55.

KUALA LUMPUR (Dec 13): While the spike in Malaysian Government Securities (MGS) 10-year yield has made real estate investment trusts (REITs) relatively less attractive, analysts said the fundamentals of REITs are still intact and are still commanding a premium over MGS yields.

SINGAPORE (Dec 6): Maybank Kim Eng is maintaining a “neutral” stance on Singapore’s property sector while positioning defensively at the lower end of the risk spectrum, expressing a preference for exposure to stable platforms over trading portfolios.