CapitaLand Mall Asia has signed its second management contract within five months, to manage the shopping mall in La Botanica, a township in Xi’an’s Chan-Ba Ecological District. The mall is being developed by (Xi’an) Property Development, a JV between…
The price-to-book (PB) ratio is a popular way to value a real estate investment trust (REIT). The P/B ratio is calculated by dividing the market capitalisation of a REIT with its book value, or net asset value. Theoretically, having a P/B ratio that is less…
The iconic Funan DigitaLife Mall, which belongs to CapitaLand Mall Trust, will be closed officially on 1 July 2016 for redevelopment works that is expected to last for three years. The redevelopment will add about 388,000 square feet (sq ft) of space to the…