Jewel gives CapitaLand platform to showcase capabilities in pursuit of global growth
Singapore
JEWEL Changi Airport, which has created a global stage for some of Singapore's best brands, is expected to start contributing to developer CapitaLand's revenue from the second quarter of this year.
Jewel is not the group's biggest retail asset in its portfolio; for instance, Suzhou Center Mall and Raffles City Chongqing have a retail gross floor area (GFA) of about 300,000 square metres (sq m) and 230,000 sq m respectively. But it is still a significant one for the group in Singapore.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Boeing gets a welcome respite with US$10 billion bond offering
Hong Kong vies with US in Bitcoin ETF market after crypto’s revival
Chevron CEO expects ExxonMobil arbitration resolved in coming months
Paramount replaces CEO with trio as it talks merger with Skydance
MicroStrategy posts loss on impairment charge, revenue declines
JPMorgan looks to fend off Goldman and other private credit for US$1 billion