CapitaLand

CICT's manager proposes to acquire ION Orchard at $1.85 billion, subject to EGM - THE EDGE SINGAPORE

REITs

CICT's manager proposes to acquire ION Orchard at $1.85 billion, subject to EGM

ION Orchard's gross yield according to a CICT presentation, is 7.1%, and the deal is pro forma 0.9% accretive to DPU
CapitaLand, Keppel and Mapletree go asset-light and take flight with an interest rate tailwind - THE EDGE SINGAPORE

Stocks To Watch

CapitaLand, Keppel and Mapletree go asset-light and take flight with an interest rate tailwind

CLI, and Keppel have FUM and AUM targets, with a focus on fund management, operational platform and fee income
Sole consortium of giant developers bid for Jurong Lake District master developer site - THE EDGE SINGAPORE

Property

Sole consortium of giant developers bid for Jurong Lake District master developer site

The consortium comprises CapitaLand, City Developments, Frasers Property and Japan's Mitsubishi Estate and Mitsui Fudosan.

Asset management

Lessening the impact of mark-to-market

Companies pivot to asset management for fee income to boost earnings, and to sidestep mark-to-market impact on net profit

Sustainability

CapitaLand unveils 10 finalists of its global sustainability innovation challenge

The finalists will pitch to a panel of judges at CSXC 2023 Demo Day on Oct 26.

Property

CapitaLand's $1.37 bil 'Geneo' redevelopment to help rejuvenate 40-year-old Singapore Science Park

The Singapore Science Park is marking its 40th anniversary this year
CLI 1HFY2022 earnings down 38% y-o-y on lower portfolio gains - THE EDGE SINGAPORE

Results

CLI 1HFY2022 earnings down 38% y-o-y on lower portfolio gains

CLI grew its fee management income by 21%
SingPost 'examining options' for its property assets - THE EDGE SINGAPORE

Property

SingPost 'examining options' for its property assets

SingPost Centre's mall space is managed by CapitaLand
CapitaLand, Frasers Property among Singapore companies recognised in global real estate sustainability rankings - THE EDGE SINGAPORE

Sustainability

CapitaLand, Frasers Property among Singapore companies recognised in global real estate sustainability rankings

Keppel Land, Ascott Residence Trust and Suntec REIT also achieved accolades.
CLI opens on steady note, management looks to future in new economy, PERE and alternative assets - THE EDGE SINGAPORE

Property

CLI opens on steady note, management looks to future in new economy, PERE and alternative assets

CLI opens and closes at $2.95, and stays on a steady note despite market meltdown in Hong Kong and Singapore
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