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Real estate developer sets up a fund for China

Business | Real estate
2008-7-17

CAPITALAND Ltd, Southeast Asia's largest real estate developer by market capitalization, said yesterday it had set up a US$1 billion private equity fund to invest in prime commercial properties in China. The Raffles...

Growth in Japan and China via sour assets

Business | Real estate
2008-6-14

CAPITALAND Ltd, Southeast Asia's biggest developer, is looking for distressed assets in Japan and China to help its expansion in the two markets, Chief Executive Officer Liew Mun Leong said. The developer runs...

CapitaLand sees Vietnam bonanza as Singapore growth slows down

Business | Real estate
2008-2-26

CapitaLand Ltd, Southeast Asia's biggest developer, is turning to Vietnam as growth slows in its home market of Singapore, after apartments at the company's first project in Ho Chi Minh City sold out in a day last...

Singapore developer enjoys profit jump but wary of market future

Business | Real estate
2008-2-23

CapitaLand Ltd, Southeast Asia's largest developer, said fourth-quarter profit jumped 49 percent as property investments rose in value and the company sold more homes in China, Australia and Singapore. Net income...

CapitaLand rebounds with Asian optimism

Business | Real estate
2008-1-24

CAPITALAND Ltd rose for a second day in Singapore trading, rebounding from its worst slump in more than six years on optimistic expansion that fast-growing markets like India will help shield it from slowing growth...

CapitaLand eyes Ascott Group

Business | Asset management/M&A
2008-1-9

SINGAPORE'S CapitaLand Ltd offered at least S$929.5 million (US$648 million) to buy out minority owners of Ascott Group Ltd, after shares in Asia's biggest operator of serviced apartments slumped 40 percent over...

HK tower stake sold off

Business | Real estate
2007-9-17

CAPITALAND Ltd, Southeast Asia's biggest developer, said yesterday that it sold its 45 percent effective stake in Hong Kong's AIG Tower to American International Assurance Co for HK$1.8 billion (US$231 million). ...

Huge commercial purchase

Business | Real estate
2007-8-24

CAPITALAND China, a subsidiary of CapitaLand Ltd, Southeast Asia's biggest developer, announced yesterday that it has acquired a land parcel designated for commercial use in Shanghai's Zhabei District at a price...

Capitaland Ltd Developer buys Qingpu site

Business | Real estate
2007-4-7

CAPITALAND Ltd, Southeast Asia's biggest developer, has acquired a residential site in Shanghai's Qingpu District through BR Properties, an indirect wholly owned subsidiary, the company said. The Singaporean...

CapitaLand to add more offices in Singapore

Business | Real estate
2007-2-16

CAPITALAND Ltd plans to buy new sites and knock down and redevelop older buildings as demand for office space rises in Singapore, Chief Executive Officer Liew Mun Leong said yesterday. Southeast Asia's biggest...