CapitaLand Investment Ltd saw its profit drop by 38.3 percent to S$433 million ($316 million) in the first half of this year as the listed fund manager took a hit from China’s stringent lockdowns while divesting assets at a slower… Read More>>
Singapore-listed Ascendas India Trust is making its second industrial investment in India just two months after its sector debut in May, committing around INR 1.56 billion ($20 million) to acquire a pair of facilities in Chennai.
The trustee-manager, Ascendas Property… Read More>>
Singapore’s Temasek Holdings saw its portfolio hit a record high of S$403 billion ($297 billion) in the year to 31 March, as the sovereign fund re-established the Lion City as its biggest single-country investment location and cut back on its… Read More>>
In today’s roundup of regional news headlines, asset management champ BlackRock plans a major expansion in Singapore, private equity giant Blackstone completes its acquisition of Aussie casino operator Crown Resorts, and Fitch Ratings drops coverage of a Chinese homebuilder.
CapitaLand Investment (CLI) said Wednesday it has set up its first onshore renminbi fund in China with the vehicle acquiring an office building in Shanghai.
CLI holds a 12% stake in the RMB 700 million (S$144 million) fund, in partnership… Read More>>
In today’s roundup of regional news headlines, the industrial arm of Singapore’s Frasers Property adds a Melbourne site to its development pipeline, Chinese builder Sunac seeks a repayment extension on an offshore bond, and Hong Kong-listed Sunlight REIT secures more… Read More>>
CapitaLand Investment has acquired a 22-storey office tower in Melbourne’s central business district for the company’s flagship regional core-plus fund.
The purchase of 120 Spencer Street marks the fifth acquisition in Australia in six months for the SGX-listed asset management… Read More>>
Lendlease bested rival CapitaLand for a S$3 billion ($2.2 billion) redevelopment project in Singapore as the Lion City’s largest telecom provider announced Wednesday that it would team up with the Australian builder to rebuild its Orchard area headquarters.
The two… Read More>>
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>>
A top level change at Hong Kong developer Chinachem leads Mingtiandi’s roundup of personnel moves this week as the privately held builder announces the departure of its managing director of real estate. Also witnessing director departures this week are Hong… Read More>>