Depending on how shareholders vote on Aug 10 in an EGM and scheme meeting, CapitaLand Investment (CLI) is likely to make an appearance on the Singapore Exchange on Sept 17. When it does, investors may ponder, how heavy or light should CLI’s balance sheet be? During a briefing on Aug 17, Andrew Lim...

“I must stress we do not want to grow AUM for AUM’s sake. We are not, out of the blue, going to go into new asset classes where we have no inherent abilities,” says Lee Chee Koon, group CEO of CapitaLand, and CEO-designate of CapitaLand Investment (CLI). That is likely to differentiate CLI fro...

CDL Investments New Zealand (CDI), the 66 per cent-owned subsidiary of City Developments (CDL) that is listed in New Zealand, has acquired 69.4 hectares of land in Havelock North, New Zealand, the company said on Wednesday in a bourse filing.

With Singapore returning to Phase 2 (Heightened Alert) from July 22 to Aug 18, City Developments Limited (CDL) is again extending rental, operational and marketing support to its affected tenants, which number close to 400. According to CDL, 35.2% of these tenants are in the food and beverage busine...

CDL Investments New Zealand (CDI), the 66 per cent-owned subsidiary of City Developments C09 (CDL) that is listed in New Zealand, has acquired 69.4 hectares of land in Havelock North, New Zealand, the company said on Wednesday in a bourse filing.

If everything goes according to plan, and shareholders vote in favour of the various inter-dependent resolutions at CapitaLand’s EGM and scheme meeting on Aug 10, CapitaLand Investment (CLI) is likely to make its debut on Sept 17. Based on the valuation of $4.102 each CapitaLand shareholder receiv...

If there is a choice between ParkwayLife REIT (PLife REIT) and First REIT which one would traders choose? Apparently neither as one intrepid trader pointed out that REITs are not for punting but for investing. “Their volume is very low. PLife REIT has 1.9 million units traded and First REIT only 7...

During the 1H2021, institutional investors were net buyers in the financial sector, while retail investors were net sellers, according to UOB Kay Hian analyst Adrian Loh and the Singapore research team. Financials took up four of the top five stocks bought by institutional investors. Yangzijiang, th...

IREIT Global has raised approximately $126.7 million through a placement of 11.37 million new units to new investor Bond Capital Partners, as well as a pro-rata non-renounceable preferential offering of 201.14 million new units. The proceeds will be used to acquire a portfolio of 27 Decathlon proper...

CapitaLand’s opening of the mall at Shanghai integrated development Raffles City The Bund drew over 300,000 in shopper traffic on its opening day on July 10. The mall, comprising over 120,000 square metres (sq m) is the final component to the 300,000 sq m integrated development, which is CapitaLan...