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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

Published Tue, Mar 23, 2021 · 09:50 PM

    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).

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