SINGAPORE (Jan 21): CapitaLand’s wholly-owned lodging business unit, The Ascott Limited, has secured contracts for another 26 properties with more than 4,600 units across 18 cities and 11 countries. With the new contracts, Ascott’s global portfolio will include more than 100,000 units in 172 ci...

SINGAPORE (Jan 18): CapitaLand’s acquisition of two subsidiaries of Ascendas-Singbridge (ASB) is a pretty sweet deal for Temasek. The Singaporean state investment arm is enlarging its stake in CapitaLand – specifically from 40.8% to about 51% – at a time when shares in the integrated property...

Submitted By:  Luz Wendy Noble Case Study:  No Lippo Malls Indonesia Retail Trust recorded a return of 18.1%. This chart from the Singapore Exchange (SGX) shows tha...

SINGAPORE (Jan 17): DBS Group Research is forecasting property transaction volumes to fall 20% y-o-y to 7,500-8,500 units in 2019, and says it is possible for the property price index (PPI) to decline by up to 3% this year, and even further, should macro conditions worsen. The research house curren...

Submitted By:  Arianna Danganan Case Study:  No Wall Street's gains could buoy local sentiment. The Straits Times Index (STI) ended 16.81 or 0.52% higher at 3,2...

Singapore’s GIC, Temasek Holdings, Mapletree Investment and CapitaLand have invested across asset classes. The post Singapore players ramp up investments, diversify India real estate portfolio appeared first on DealStreetAsia.

SINGAPORE (Jan 15): CapitaLand on Monday announced it is acquiring all the shares in two subsidiaries of Ascendas-Singbridge (ASB) from Temasek for $11 billion to create the largest diversified property group in Asia. However, the deal is still subject to an extraordinary general meeting (EGM), whi...

CAPITALAND'S announcement that it would be acquiring Temasek subsidiary Ascendas-Singbridge (ASB) appears to be a positive development for the Singapore-listed developer and Temasek.

CAPITALAND is banking on Ascendas-Singbridge's (ASB) logistics and business parks and its data centres - fresh additions that will aid in the group's pivot to these new growth sectors - to further drive growth.

CAPITALAND is acquiring Temasek subsidiary Ascendas-Singbridge (ASB) in a deal valued at S$11 billion (including debt) to create Asia's largest diversified real estate group.

Submitted By:  Arianna Danganan Case Study:  No Users’ GrabReward points can be converted into STAR$ and exchanged for CapitaVouchers. Grab has partnered with...

CAPITALAND is acquiring Temasek subsidiary Ascendas-Singbridge (ASB) in a deal valued at S$11 billion (including debt) to create Asia's largest diversified real estate group.

RIDE-HAILING company Grab is partnering property group CapitaLand for a one-year loyalty programme tie-up.

SINGAPORE (Jan 14): UOB Kay Hian is maintaining its “buy” call on CapitaLand Commercial Trust (CCT), while raising its target price to $2.11 from $2 previously after fine-tuning 2018-20F DPU by –3 to 1% upon adjusting rental assumptions. This comes as the research house now expects positive r...

SINGAPORE: Singapore's CapitaLand is buying the owner of a clutch of real estate investment trusts from state investor Temasek in a deal valued at S$11 billion that the developer said will create the largest diversified property group in Asia. CapitaLand will buy the holding companies of the ...

Submitted By:  Arianna Danganan Case Study:  No Wall Street's weakness could spell a muted start for the local bourse today. The Straits Times Index (STI) ended...

Submitted By:  Arianna Danganan Case Study:  No And NEA’s new sites for funeral parlours raise transportation concerns. From Deal Street Asia: CapitaLand has ...

SINGAPORE (Jan 14): CapitaLand is acquiring all the shares in two subsidiaries of Ascendas-Singbridge (ASB) from Temasek to create the largest diversified property group in Asia. The proposed transaction is valued at $11 billion and is subject to approval by CapitaLand’s independent shareholders ...

PROPERTY group CapitaLand is acquiring Temasek's subsidiary Ascendas-Singbridge (ASB) in a S$11 billion deal aimed at creating Asia’s largest diversified real estate group.

SINGAPORE (Jan 8): OCBC Bank is expecting Singapore office REITs to strengthen further in the near-term this year – and possibly, in the process, demand higher rents to bring about positive rental reversion. In a Tuesday report, OCBC’s credit research team highlights office REITs as a bright sp...

CAPITALAND has teamed up with an unrelated third party to acquire a prime office building in Shanghai as a seed asset for a value-add fund which it is setting up "to invest in commercial real estate in key gateway cities in Asia".

Submitted By:  Luz Wendy Noble Case Study:  No The JV partners will own 41,773 sqm worth of space in the property after the transaction. CapitaLand entered a 50:50 ...

With this latest acquisition, CapitaLand now owns and manages 21 commercial properties in Shanghai that span close to 1.9 million sq m in gross floor area. The post Singapore’s CapitaLand forms JV to acquire Shanghai building for $400m appeared first on DealStreetAsia.

SINGAPORE (Jan 7): CapitaLand has formed a 50:50 joint venture with an unrelated third party to acquire 70% of Pufa Tower in Shanghai, China, for RMB2,752 million ($546.3 million). Pufa Tower is 34-storey tall with three basement levels of car park. On completion of the transaction, CapitaLand and ...

CAPITALAND has entered a 50:50 joint venture to acquire a prime office building in Shanghai, as a seed asset for a value-add fund which CapitaLand is setting up "to invest in commercial real estate in key gateway cities in Asia", it announced on Monday morning. The acquistion will...

SINGAPORE (Jan 4): Phillip Capital is maintaining its Straits Times Index (STI) target of 3,400 in Oct 2019 – which pegs the market at 13.5 times, or around its ten-year average valuation – as the research house advocates a lower-beta equity portfolio for the year, with an emphasis on dividend-...

SINGAPORE (Jan 3): OCBC Investment Research is maintaining “neutral” on the local residential sector after Singapore home prices posted their first decline in six quarters, according to recent Urban Redevelopment Authority (URA) flash estimates. The research house continues to project a private...

SINGAPORE (Dec 19): DBS Research is expecting Singapore REITs (S-REITs) to deliver DPU growth in 2019. DBS, which has an “overweight” rating on the S-REITs sector, expects investors to gravitate towards the retail and industrial sectors in 2019, due to the heightened risk surrounding demand for...

SINGAPORE (Dec 18): KGI Securities has highlighted nine stocks in the MSCI Singapore Index that are currently undervalued, even as they each offer a FY18 dividend yield of more than 3.5%. According to KGI, the nine stocks – ComfortDelGro Corporation, United Overseas Bank (UOB), Keppel Corporation...

SINGAPORE (Dec 7): DBS Vickers Securities reiterates its “buy” call on CapitaLand Mall Trust (CMT) with an adjusted target price of $2.44, which now reflects a higher proportion of equity used to finance its acquisition of Westgate mall. In a Thursday report, analyst Carmen Tay say she expects ...