CapitaLand on the rise with Japan acquisitions
SINGAPORE (Feb 20): CIMB Securities is reiterating its “add” recommendation on CapitaLand with an unchanged price target of S$4.
CapitaLand acquires three office buildings and a mall in Tokyo for S$620.1 mil
SINGAPORE (Feb 17): CapitaLand has agreed to acquire a portfolio of four income-producing office and retail properties in Japan’s Greater Tokyo Area, at ¥49.
CapitaLand got a boost from its China properties in 4Q but will it last?
SINGAPORE (Feb 16): UOB Kay Hian and OCBC Investment Research are maintaining their “buy” calls on CapitaLand with a target price and fair value of S$4.
CapitaLand posts 74% rise in 4Q earnings to S$430.5 mil on higher handover of China projects
SINGAPORE (Feb 15): CapitaLand reported a 73.
CapitaLand acquires additional 20% stake in CTD for S$25.4 mil
SINGAPORE (Feb 14): CapitaLand announced Monday that its wholly-owned subsidiary CLV Investment 5 has acquired an additional 20% interest in CapitaLand-Thien Duc Company (CTD) for a cash consideration of US$17.
Construction of RM1.2 bil Qi City in Bandar Meru Raya has begun
PETALING JAYA (Feb 1): Green Venture Capital Sdn Bhd (GVC), a subsidiary of Wawasan Qi Properties Group (WQIP), has commenced construction work on the Qi City development in Bandar Meru Raya, near Ipoh in Perak.
CapitaLand Retail China Trust raised to ‘buy’ by DBS on overdone fears
SINGAPORE (Jan 31): DBS Group Research has upgraded CapitaLand Retail China Trust (CRCT) to “buy” from “hold” with S$1.
MRCB puts Ascott Sentral KL up for sale
MALAYSIAN Resources Corp Bhd (MRCB) is in the midst of appointing a party to administer the tender process for the sale of the Ascott Sentral Kuala Lumpur serviced apartments, as it is looking to unlock the value of the asset, say industry sources.
CRCT posts 8.5% decline in 4Q DPU to 2.37 cents on additional tax provision and forex losses
SINGAPORE (Jan 26): The manager of CapitaLand Retail China Trust (CRCT) has declared a distribution per unit (DPU) of 2.
