CapitaLand Investment may pave way for other real estate investment managers to list on SGX

SHAREHOLDERS of CapitaLand have had plenty to cheer about over the last few months.

The property group recently posted a net profit of S$922 million for the first six months of 2021, putting it well on track to reversing its full-year loss in 2020.

The share price is up by around 20 per cent compared to where it last traded prior to announcing a major restructuring plan in March, closing at S$3.96 on Tuesday.