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Navigating rough waters, CapitaLand Investment can surprise shareholders by distributing units in Reits

Leslie Yee

Leslie Yee

Published Thu, Jan 26, 2023 · 05:50 AM
    • While CapitaLand Investment navigates choppy waters, there is room for the group to surprise shareholders by distributing units of listed trusts that it owns.
    • While CapitaLand Investment navigates choppy waters, there is room for the group to surprise shareholders by distributing units of listed trusts that it owns. PHOTO: BT FILE

    LIKE most of its property peers, CapitaLand Investment (CLI) is facing down a tough environment amid global economic uncertainties.

    But perhaps the group can surprise its investors by doing a distribution in specie of units in real estate investment trusts (Reits) that it holds. 

    The real estate investment manager trades at a superior book-value multiple compared with Singapore-listed property groups City Developments Limited (CDL) and UOL Group .

    Hock Lock SiewReitsS-ReitsSingapore propertyCapitaLand Investment

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