CapitaLand Retail China Trust to add office and industrial assets
This will give the trust greater access to a larger pool of investment targets
Claudia Tan HS
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CAPITALAND Retail China Trust (CRCT) will be expanding its investment strategy beyond the retail sector to include assets that are used for office and industrial purposes, CRCT's manager announced in a bourse filing on Wednesday.
It will focus on long-term investment in a "diversified portfolio of income-producing real estate and real estate-related assets in China, Hong Kong and Macau".
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025