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United Kingdom

Capitaland Ltd (CATL.SI)

CATL.SI on Stock Exchange of Singapore

3.64SGD
18 Apr 2019
Change (% chg)

$-0.04 (-1.09%)
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$3.68
Open
$3.67
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Volume
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Mon, Jan 14 2019

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CapitaLand bets on new markets with S$6 billion Temasek real estate deal

SINGAPORE Singapore's CapitaLand is forking out S$6 billion (£3.4 billion) to scoop up logistics and industrial assets from state investor Temasek, in a deal the developer said would create Asia's largest real estate investment manager.

CapitaLand bets on new markets with $4.4 billion Temasek real estate deal

SINGAPORE Singapore's CapitaLand is forking out S$6 billion ($4.4 billion) to scoop up logistics and industrial assets from state investor Temasek, in a deal the developer said would create Asia's largest real estate investment manager.

UPDATE 4-CapitaLand bets on new markets with $4.4 bln Temasek real estate deal

* Deal to create Asia's largest real estate investment manager

CapitaLand to buy real estate units from Temasek for $4.4 bln

SINGAPORE, Jan 14 CapitaLand Ltd said it entered into a deal with Singapore state investor Temasek to buy two wholly owned units from a subsidiary for a consideration of about S$6 billion ($4.4 billion) in a cash and stock deal.

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