by Amruth Sundarkumar | Aug 13, 2021 | Singapore Dollar Bonds
CapitaLand reported net profits of S$922mn ($679mn) for 1H2021, up almost 10x YoY, attributing the rise due to Singapore and China. CapitaLand saw portfolio gains of S$489mn ($360mn) that included gains from divestments and realized revaluation that helped boost...
by Amruth Sundarkumar | Jul 2, 2021 | Singapore Dollar Bonds
Singapore headquartered CapitaLand has sold two malls in Greater Tokyo for a consideration of JPY 42bn ($376.4mn) as a part of its portfolio management strategy. The sale of the malls is expected to result in a profit of ~JPY 9bn ($80.7mn). Simultaneously, the real...
by Amruth Sundarkumar | Jun 29, 2021 | Singapore Dollar Bonds
Singapore-based real estate group, CapitaLand Limited has reached an agreement with Ping An Life Insurance Company to sell partial stakes in six of the nine Raffle City Developments that are worth CNY 46.7bn ($7.23bn). The real estate group will continue to hold an...
by bondevalue | Apr 5, 2021 | Financial News
While shareholders of CapitaLand cheered its proposed reorganization plans announced on March 22, its bondholders are not happy. As per the plan, a new listed entity called CapitaLand Investment Management (CLIM) will be created that will hold its stakes in REITs,...
by bondevalue | Mar 22, 2021 | Singapore Dollar Bonds
Singapore-based real estate major CapitaLand announced a corporate restructuring plan this morning via an exchange release, soon after it requested for a trading halt on its stock and its units CapitaLand Integrated Commercial Trust, CapitaLand China Trust, Ascott...
