CapitaLand 2Q earnings double to S$579.3 mil on better operating performance
SINGAPORE (Aug 3): CapitaLand, South-east Asia’s largest property group, has reported a near doubling of 2Q17 earnings to S$579.
Melawati Mall targets 80% occupancy by year end
PETALING JAYA (July 27): Melawati Mall in Taman Melawati, Kuala Lumpur opened its doors yesterday to serve an estimated 740,000 residents in the surrounding neighbourhoods which include Taman Melawati, Taman Melati, Wangsa Maju, Bukit Antarabangsa, Ukay Heights, and Kemensah Heights.
What is the way forward for Singapore’s retail scene?
ONLY a handful of about 200 attendees at the recent Real Estate Developers’ Association of Singapore (Redas) property market update seminar on July 7 spent at least S$200 (RM630) in a Singapore shopping mall in recent months, according to a straw poll conducted by Knight Frank Singapore’s Wendy Low, executive director of retail, and Alice Tan, head of consultancy and research.
Ascott acquires 80% stake in US accommodation provider Synergy Global Housing
SINGAPORE (July 24): The Ascott, CapitaLand’s serviced residence unit, is acquiring an 80% stake in Synergy Global Housing, a leading accommodation provider in the US where it leases apartments from partners and property owners to rent to corporate clients.
CMMT to embark on various asset enhancement initiatives
CapitaLand Malaysia Mall Trust (July 20, RM1.
CapitaLand Malaysia Mall Trust’s 2Q NPI down slightly at RM59.8 mil, declares 2.06 sen DPU
KUALA LUMPUR (July 19): CapitaLand Malaysia Mall Trust’s (CMMT) second quarter net property income (NPI) came in at RM59.
CapitaLand Commercial Trust declares 3.2% higher 2Q DPU of 2.27 S'pore cents
SINGAPORE (July 19): The manager of CapitaLand Commercial Trust (CCT) has declared an estimated DPU of 2.
CapitaLand-led JV in S$1.8 bil redevelopment of Golden Shoe Car Park
SINGAPORE (July 13): CapitaLand, CapitaLand Commercial Trust (CCT), Mitsubishi Estate (MEC) have formed a joint venture (JV) to redevelop Golden Shoe Car Park (GSCP) into a landmark integrated development in Raffles Place, which is estimated to cost a total of S$1.
Ascott on track to exceed 80,000 units in global portfolio by 2020
SINGAPORE (July 10): CapitaLand recently announced its serviced residence segment, The Ascott, will acquire for A$180 million (RM588 million) an additional 60% stake in Quest Apartment Hotels.
Ascott group acquires additional 60% stake in Quest Apartment Hotels for S$191 mil
SINGAPORE (July 5): The Ascott, a wholly owned subsidiary of CapitaLand, this morning announced that it is acquiring an additional 60% stake in Quest Apartment Hotels for A$180 million (S$191 million or RM594 million).
