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CapitaLand Integrated Commercial Trust (CICT) has successfully concluded the sale of Bukit Panjang Plaza, a prominent shopping mall in Singapore. The sale, which fetched a sum of US$332 million (S$428 million), is part of a larger strategy to optimize the…
Nestled within the stunning Vinhomes Ocean Park 3 in Hung Yen Province, just east of Hanoi, The Fullton is set to make waves in Vietnam’s luxury housing market, boasting an estimated gross development value of around US$800 million. This impressive…
CapitaLand Development (CLD) has officially partnered with Vingroup Joint Stock Company, marking a significant step in the collaborative efforts towards large-scale urban development within Vietnam. The partnership, unveiled at a signing ceremony led by CLD…
Capitaland has divested three malls in Japan and an office building in South Korea for a total of S$448.7 million, as part of its ongoing portfolio reconstitution strategy, it said Tuesday morning in an exchange filing. It also announced that it has made its…
The Singapore-based property developer has secured its first three green loans in India, from DBS and HSBC, totaling INR 17 billion ($230 million). CapitaLand’s first foray into sustainable finance in India will be used to finance the development of its…
Shopping center operator CapitaLand Malaysia Mall Trust suffered a 17.2 percent hit to quarterly income, which was knocked down to $6.08 million for the third quarter. The fall was largely attributed to higher levels of vacancies and the rental relief granted…
Property giant CapitaLand said it will further waive and potentially defer rent for qualifying small and medium-sized enterprise (SME) tenants, though this will lead to an “adverse impact” on its earnings this year. The move is in accordance with the latest…
China’s nationwide lockdown to combat Covid-19 and provisions for tenant relief saw CapitaLand Retail China Trust’s net property income slip in the June half-year. The trust’s manager, CapitaLand Retail China Trust Management has reported an NPI of US$47…
CapitaLand Singapore plans to roll out “innovative tech solutions” in its properties as the city-state prepares for phase one reopening tomorrow, June 2. Among the measures: anti-microbial coating for high-contact areas including lifts and lift buttons, door…
CapitaLand has launched new e-commerce and food ordering platforms in Singapore. The new eCapitaMall and Capita3Eats services are aiming to drive sales for retailers at its shopping malls during Singapore’s Phase 1 safe reopening protocol, as the country…
Mall owner-operator CapitaLand is introducing additional support measures to its mall tenants as the coronavirus outbreak continues. CapitaLand has been offering flexible rental payments and a one-time rebates to its mall tenants in a targeted manner and will…
Capitaland is taking measures to support its 3500 retail tenants across its malls in Singapore in the midst of the coronavirus epidemic. The support includes a SGD10 million (US$7.2 million) marketing assistance program. While Capitaland’s malls’ operating…
CapitaLand has closed six shopping malls in China in wake of the coronavirus outbreak and set up a task force to coordinate its response across its operations in China and other markets where it operates. The Singapore-headquartered company says it has also…
Singapore property developer CapitaLand is set to refurbish the Bugis Village and Bugis Street retail spaces after winning a tender to manage both from the Singapore Land Authority. CapitaLand told selected media outlets that it will build on the existing…
CapitalLand has signed an agreement to sell The Star Vista to Rock Productions for S$296 million (US$217 million). The deal is about 13 percent higher than the property was valued at last June. Opened in 2012, The Star Vista shopping mall has a net lettable…
Capitaland has opened a Raffles City mall in Chongqing, China. The first component in the 1.12 million sqm megastructure to be opened to the public was the development’s 235,000sqm shopping mall, which launched on September 6 with 95 percent committed…
