CapitaLand's restructuring move is not for everyone, say analysts
Other locally listed developers may not have the size and scale to pull off such a change, they say
Singapore
CAPITALAND'S restructuring deal seems the perfect solution to the middling valuations that the market has been awarding to property developers, but market watchers said replicating the deal may be difficult for locally listed developers without similar size and scale.
On Monday, CapitaLand announced a deal that will place its real-estate development business under private ownership, and consolidate its investment-management platforms and lodging arm into a new listed entity called CapitaLand Investment Management (CLIM).
TRENDING NOW
From hawker stall to Enterprise Award winner: How Han Keen Juan scaled the Old Chang Kee empire
Haidilao co-founder’s family buys second bungalow in Cluny Hill for S$85 million
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Ban on land sales, new launches for developers that deliver ‘defect-ridden’ projects