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CapitaLand Ltd (CATL.SI)

CATL.SI on Stock Exchange of Singapore

3.63SGD
31 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Capitaland looks to expand its presence in Vietnam
Monday, 27 Mar 2017 07:29am EDT 

Capitaland Limited : Capitaland to significantly increase its S$2.1 billion multi-asset class presence in Vietnam .Ascott is on track to achieve its target of 7,000 units in Vietnam by 2020 and is expected to open more than 3,000 units in Vietnam in next few years.  Full Article

Ascott Residence Trust announces launch of rights issue to raise gross proceeds of about S$442.7 million
Monday, 6 Mar 2017 08:36am EST 

Ascott Residence Trust :Ascott Residence Trust announces launch of rights issue to raise gross proceeds of approximately S$442.7 Million.  Full Article

Capitaland announces proposed divestment of serviced residence properties to Ascott Residence Trust
Monday, 6 Mar 2017 08:25am EST 

Capitaland Limited : Proposed Divestment Of Serviced Residence Properties To Ascott Residence Trust . Announces divestment of serviced residence properties to dbs trustee limited, as trustee of ascott residence trust . Divests Citadines Michel Hamburg, Germany for a cash consideration of eur 29.7 million . Divests Citadines City Centre Frankfurt, Germany for a cash consideration of eur 35.7 million . Completion of proposed divestments is expected to take place in may 2017 . Proposed divestments not expected to have any material impact on nta of Capitaland Group for fy ending 31 dec 2017 . Hamburg divestment to be carried out by sale by vendor to purchaser of 94% equity interest in citadines investments b.v. . Frankfurt divestment to be carried out by sale by vendor to purchaser of 94% equity interest in Citadines (Netherlands) B.V. ("Cnbv") . Upon completion, cnbv and cibv will cease to be wholly owned subsidiaries of Capitaland .Completion of proposed divestments is expected to take place in May 2017.  Full Article

CapitaLand says unit entered into conditional sale and purchase agreements
Thursday, 16 Feb 2017 06:15pm EST 

CapitaLand Ltd : CapitaLand strengthens foothold in Greater Tokyo with acquisition of three office buildings and a mall for s$620.1 million . CapitaLand limited, through its wholly owned shopping mall business Capitaland Mall Asia, has entered into conditional sale and purchase agreements . "Immediately accretive with upside potential, this acquisition will contribute a net operating income of about s$25.0 million per year" . Agreements to acquire a portfolio of four income-producing office and retail properties in Japan's Greater Tokyo area .Deal immediately accretive with upside potential.  Full Article

Capitaland Ltd's Ascott inks six new properties in China
Wednesday, 18 Jan 2017 08:40pm EST 

Capitaland Ltd :Capitaland Ltd's Ascott inks six new properties in China as it scales up for another year of exceptional growth.  Full Article

Capitaland says unit signing new shopping mall management contract
Monday, 9 Jan 2017 06:11pm EST 

Capitaland Ltd : Unit inked its second management contract .Capitaland will manage shopping mall in La Botanica.  Full Article

CapitaLand to expand retail footprint through third-party management contracts
Tuesday, 30 Aug 2016 07:32pm EDT 

CapitaLand Ltd : News release - CapitaLand to expand retail footprint through third-party management contracts . CapitaLand Mall Asia signed a management contract with Changsha Pilot Investment Holdings Group Co., Ltd. . Contract to manage the retail component of fortune finance center .Currently under construction, the mall is targeted to commence operations in end 2018.  Full Article

CapitaLand expects Singapore portfolio of malls to carry on providing stable recurring income
Wednesday, 3 Aug 2016 06:49pm EDT 

CapitaLand Ltd : Says expects the impact of the property cooling measures to continue to weigh on the residential market . Outlook for office occupancy and rental is expected to remain muted . Major projects to be launched in 2h 2016 include Victoria park villas . Residential sales performance in China is expected to remain positive for the rest of 2016 . Singapore portfolio of malls is expected to carry on providing stable recurring income . As at 30 June 2016, cct's total portfolio only has 4% of office leases to be renewed this year and another 10% of office leases due in 2017 .  Full Article

CapitaLand posts qtrly PATMI of S$294 mln
Wednesday, 3 Aug 2016 06:48pm EDT 

CapitaLand Ltd : Registered total PATMI of S$294 million in 2q 2016, versus S$464 million in 2q 2015 . Qtrly revenue S$ 1.13 billion versus S$1.03 billion .No interim dividend has been declared or recommended in the current reporting period.  Full Article

CapitaLand Says Ascott to acquire 221-unit property in Docklands
Monday, 11 Jul 2016 07:13pm EDT 

CapitaLand Ltd : Ascott's partnership with quest forges ahead with Maiden acquisition of prime Australian property) . Says the 221-unit property will be acquired for A$71 million . Unit, the ascott ltd is acquiring its first serviced residence in docklands as part of partnership with quest apartment hotels . Says deal is part of its A$500 million strategic partnership with Quest Apartment Hotels .  Full Article

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BRIEF-Capitaland looks to expand its presence in Vietnam

* Capitaland to significantly increase its S$2.1 billion multi-asset class presence in Vietnam