News about capital

SINGAPORE (July 4): CIMB says CapitaLand is on track to meeting its 8% ROE target by 2018.

SINGAPORE (July 4): UOB Kay Hian is reiterating its “buy” call on CapitaLand Commercial Trust (CCT), following news of its divestment of Wilkie Edge to construction and property development firm, Lian Beng Group, for a consideration price of S$280 million (RM870 million).

HANGZHOU (July 1): The recently opened Raffles City Hangzhou rises dramatically across the scenic Qiantang River at Hangzhou’s CBD.

SINGAPORE (July 3): Plans are afoot for more active and aggressive land-banking at CapitaLand, after the opening of four integrated projects in China in April, including three Raffles City projects.

PETALING JAYA (June 29): Construction and property development group TSR Capital Bhd said it is open to selling its office tower in Mutiara Damansara, Petaling Jaya, known as Menara TSR, and would use the gains from the disposal for future property development projects.

SINGAPORE (June 28): CapitaLand, through CapitaLand Mall Asia, is accelerating its shopping mall network expansion in China with three management contracts.

SINGAPORE (June 28): The Ascott Ltd, CapitaLand’s wholly-owned residence business unit, has secured seven new contracts to manage over 1,300 apartments across six cities in China.

SINGAPORE (June 22): CapitaLand announced on Wednesday that its wholly-owned subsidiary CVH Sparkle has divested its entire 65% stake in Vietnam-based real estate development business Sparkle Value Homes Co (SVH) for US$4.

SINGAPORE (June 15): The Ascott, CapitaLand’s serviced residence business unit, has won contracts to manage its first three properties under its lyf brand in China and Singapore.

SINGAPORE (June 8): CapitaLand is pushing the boundaries of reinventing space when it comes to indoor attractions and air-conditioned parks.