CapitaLand shares slide to 2-year low

CapitaLand shares slide to 2-year low
Funds selling down regional property stocks as outlook gets more downbeat
 
(SINGAPORE) The stock of the region’s largest listed property group is taking a sharp knock as funds bail out of regional property stocks amid an increasing bearish outlook for the sector.
 
CapitaLand’s shares fell 13 cents or 2.9 per cent to [...]

CapitaLand to gain $313m from China assets

CapitaLand to gain $313m from China assets
It is injecting four assets into its 50% owned Raffles City China Fund
 
PROPERTY giant CapitaLand said yesterday that it will realise a total portfolio gain of $313 million from injecting four Raffles City assets in China as seed assets into its 50 per cent owned Raffles City China Fund.
 
The [...]

CapitaLand’s 4 new properties in China fund

CapitaLand’s 4 new properties in China fund 
  
 
SOUTH-EAST Asia’s biggest real-estate player, CapitaLand, is injecting four properties into the recently launched US$1 billion ($1.41 billion) Raffles City China Fund.
The Raffles City-branded properties, three of which are under construction, are in the Chinese cities of Shanghai, Beijing, Chengdu and Hangzhou.
 
All four properties are [...]

CapitaLand to realise S$313 m gain from asset injection

CapitaLand to realise S$313 m gain from asset injection
 
PROPERTY giant CapitaLand has inked deals to inject four Raffles City-branded integrated developments in China - in Shanghai, Beijing, Chengdu and Hangzhou, into its Raffles City China Fund.
 
 
The US$1 billion (S$1.4 billion) real estate private equity fund will be purchasing CapitaLand’s effective 55.9 per cent stake [...]

CapitaLand to inject 4 integrated devts into Raffles City China fund

CapitaLand to inject 4 integrated devts into Raffles City China fund
 
SINGAPORE: CapitaLand is going to inject four of its Raffles City-branded integrated developments into its Raffles City China fund.
 
The US$1 billion real estate private equity fund will acquire CapitaLand’s 55.9 per cent stake in Raffles City Shanghai.
 
It will also take over 100 per [...]

Capitaland to inject 4 Raffles city developments into China fund

Capitaland to inject 4 Raffles city developments into China fund
CapitaLand plans to sell its interests in four Raffles City-branded integrated developments in China to its Raffles City China Fund for 1.1 billion dollars.
 
The assets, namely, Raffles City Shanghai, Raffles City Beijing, Raffles City Chengdu and Raffles City Hangzhou, will be injected into the 1.4 [...]

CapitaLand going ahead with 2nd Malaysian Reit

CapitaLand going ahead with 2nd Malaysian Reit
Latest offering will comprise 3 malls worth RM2b: chief investment officer
 
CAPITALAND will list its second Malaysian real estate investment trust (Reit) this year, barring unfavourable market conditions, the company’s chief investment officer Kee Teck Koon said yesterday.
 
The Reit will initially comprise three shopping malls worth RM2 billion (S$849 million), [...]

CapitaLand’s stake in Australand now at 64.9%

CapitaLand’s stake in Australand now at 64.9%
 
SINGAPORE - This was the result after CapitaLand’s indirect wholly-owned subsidiaries, Ausprop Holdings and Austvale Holdings, were allotted a total of 502.8 million new stapled securities in Australand under the institutional entitlement offer of a one-for-one rights issue in Australand at the issue price of A$0.60 per new stapled [...]

Property firms report weak set of Q2 numbers

Property firms report weak set of Q2 numbers
Most developers see their business hit in 3rd and 4th quarters
 
HIT by fewer home sales, lower revaluation gains from investment properties, drops in divestment gains - and even the stronger Singapore dollar - property companies largely reported weak results for the second quarter.
 
And the future doesn’t look rosy [...]

No rush to the high-end??

No rush to the high-end?? 
Mass market take-uprate still good despiteslowdown in luxury sector :
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THERE are still signs of life in the mass housing market, despite signs that the luxury sector is flattening out, according to the head of Singapore’s biggest developer.
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“The outlook for Singapore residential prices will probably be very flat,” saidMr [...]