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Tony Tan, chief executive of CICT’s manager

CapitaLand’s CICT Posts 4.8% Rise in 2nd-Half Distributable Income, Boosted by Acquisitions

2023/02/06 by Christopher Caillavet Leave a Comment

CapitaLand Integrated Commercial Trust’s distributable income rose 4.8 percent year-on-year to S$355.1 million (now $268.2 million) in the second half of 2022, as the Singapore-listed REIT profited from contributions by newly acquired properties and higher rental income from most city-state… Read More>>

china housing

China Home Prices Fall for 13th Month and More Asia Real Estate Headlines

2022/10/24 by Michael Cole Leave a Comment

China’s ongoing real estate struggles lead today’s news from around the real estate world, with home prices falling for a thirteenth straight month, as sales dropped 15 percent during September. That slide also includes developer Yango Group being hit with… Read More>>

Wu Bingqi CR Land

Asia Real Estate People in the News 2022-08-01

2022/08/01 by Michael Cole Leave a Comment

Leadership changes at mainland real estate firms lead this week’s collection of personnel moves from around the region, as China Resources Land announces a new president at the same time that Shimao Services and LVGEM China say goodbye to non-executive… Read More>>

hui wing mau shi mao

UOB Sues Shimao Over Loan Breaches and More Asia Real Estate Headlines

2022/07/31 by Michael Cole Leave a Comment

Distressed developers and troubled tech takeovers lead today’s collection of real estate headlines from around the region, as one of Singapore’s biggest banks sues Shimao Group in Hong Kong and Gaw Capital finds an opportunity to move into real estate… Read More>>

tony tan

CICT Splashing Out $45M to Upgrade Clarke Quay Complex in Singapore

2022/07/26 by Christopher Caillavet Leave a Comment

SGX-listed CapitaLand Integrated Commercial Trust will spend S$62 million ($44.7 million) to upgrade its Clarke Quay nightlife complex along the Singapore River into a day-and-night destination with enhanced sustainability credentials.

The value-add project, to be carried out in phases from… Read More>>

AMK Hub meratus 1, CapitaLand, Link REIT Circling Singapore Mall Portfolio

CICT, Link REIT Circle Singapore Mall Portfolio and More Asia Real Estate Headlines

2022/07/21 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Singapore’s CapitaLand and Hong Kong’s Link REIT are reportedly working on bids for a $3 billion portfolio of shopping malls in the Lion City, while developer Chip Eng Seng pulls the plug on… Read More>>

Lee Chee Koon tb

CapitaLand Earnings Rise 16% Led by Fund Management Income

2022/05/15 by Alden Monzon Leave a Comment

CapitaLand Investment Ltd reported on Thursday that its first quarter income rose 16 percent to S$598 million ($428.5 million), carried mostly by its real estate investment business which saw an upswing in earnings despite the pandemic.

“Most of our markets… Read More>>

79 Robinson Road

CapitaLand’s 79 Robinson Road in Singapore Rebranded as CapitaSky After $930M Deal

2022/05/04 by Christopher Caillavet Leave a Comment

The office tower at 79 Robinson Road in Singapore’s downtown core officially has new owners and a new name after the sale of the year-and-a-half-old property by CapitaLand Investment and its Japanese partners.

CapitaLand Integrated Commercial Trust and a private… Read More>>

Jurong Port Tan Boon Khai

Asia Real Estate People in the News 2022-05-02

2022/05/02 by Michael Cole Leave a Comment

New board appointments in Singapore lead Mingtiandi’s first roundup of personnel moves for May, as CapitaLand’s primary commercial REIT adds a new independent, non-executive director, and SGX-listed Heeton Holdings makes a similar change in its top decision-making body. There are… Read More>>

Jonathan Yap CapitaLand

CapitaLand Investment Selling 79 Robinson Road in Singapore for $930M

2022/03/28 by Beatrice Laforga Leave a Comment

CapitaLand Investment and its Japanese partners have agreed to sell 79 Robinson Road in Singapore’s downtown core for S$1.26 billion ($930 million) to CapitaLand Integrated Commercial Trust (CICT) and a private fund managed by the Temasek Holdings-backed giant.

In a… Read More>>

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