CapitaLand China Trust

Among those at the listing ceremony were Lee Chee Koon (third from left), group CEO of CapitaLand Investment, and Puah Tze Shyang (fourth from left), CEO of CapitaLand Investment China.

CapitaLand Commercial C-Reit opens 19.6% higher than IPO price in Shanghai debut

CLI’s ability to add scale and diversity to Reit’s portfolio to enhance its performance distinguishes CLCR from its competitors, says CEO of CapitaLand Investment China

Centurion Accommodation Reit ended its first trading day at S$0.96, nearly 9.1 per cent above its IPO price of S$0.88.
MARK TO MARKET

Strong debut for Centurion Accommodation is only half the story unfolding in the S-Reit space

Pressure for value-up initiatives could test resources and networks of sponsor groups; CapitaLand Investment may set new standards for them with listing of a China Reit

Yan Lintong (pictured) will succeed the manager’s current CFO, Tan Siew Bee, who has been in the role since 2010.

CapitaLand China Trust’s manager appoints Yan Lintong as CFO-designate

The 42-year-old will work with current chief financial officer Tan Siew Bee for a smooth transition ‘in the next few months’

CLCR’s initial portfolio comprises CapitaMall SKY+ in Guangzhou (above) and CapitaMall Yuhuating in Changsha.

CapitaLand Commercial C-Reit’s public offer 535 times subscribed; 2.29 billion yuan raised from its Shanghai IPO

CapitaLand Investment, CapitaLand China Trust and CapitaLand Development collectively hold 20% of IPO units

The final price for the divestment of CapitaMall Yuhuating in Changsha to CLCR is 813.8 million yuan.

CapitaLand Commercial C-Reit sets Shanghai IPO offering at 2.29 billion yuan, up 7% from earlier estimate

CapitaLand China Trust to divest CapitaMall Yuhuating to the Reit at 8.8% premium, and subscribe for 5% of the IPO units

CapitaLand Commercial C-Reit's initial portfolio will comprise two malls: CapitaMall SKY+ in Guangzhou (above) and CapitaMall Yuhuating in Changsha.

CapitaLand Commercial C-Reit receives approval to list on Shanghai Stock Exchange

The listing is expected by Q4 and will raise about 2.1 billion yuan through the issuance of 400 million units

CLCT views the divestment of CapitaMall Yuhuating as a key step in realising value from a mature asset while continuing to maintain exposure to China’s retail sector.

CapitaLand China Trust to divest retail property for 748 million yuan

It will be using part of the proceeds to participate in listing of CapitaLand Commercial C-Reit on Shanghai Stock Exchange

Shares of CLI fall S$0.22 to S$2.53 shortly after the opening bell on Friday.
HOT STOCK

CapitaLand Investment sinks 8% as counter goes ex-dividend

The company will pay a dividend per share of S$0.12 plus units of CapitaLand Integrated Commercial Trust worth S$0.067