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CapitaLand India plans to divest six retail malls and its half-share in CapitaLand Retail Prestige Mall Management, which manages some of the properties. Singapore-headquartered CapitaLand has entered into definitive agreements to divest: * Its respective…
Funan, one of the most highly anticipated developments in Singapore opening in 4Q 2019, has signed its first office tenant. CapitaLand Mall Trust Management Limited (CMTML), the manager of CapitaLand Mall Trust which owns Funan, today announced that coworking…
CapitaLand and CapitaLand Retail China Trust (CRCT) have formed a joint venture to acquire all the shares in a company that owns an operational shopping mall, currently known as Rock Square, located in Haizhu District in Guangzhou. CRCT is the majority…
With the opening of its largest shopping centre yet, Suzhou Center Mall, Singapore retail-estate company CapitaLand has marked a record year of a million square metres of retail space. More than three times the size of Ion Orchard in Singapore, the mall is…
In a third quarter of mixed results, CapitaLand Malaysia Mall Trust (CMMT) saw its net property income fall 2.2 per cent year on year to RM60.1 million (US$14.1 million). East Coast Mall and Gurney Plaza turned in stronger performances to partially mitigate…
CapitaLand is advancing its omni-channel strategy by forging an alliance with Lazada Singapore, and has also signed an agreement to manage Alibaba Shanghai Center, comprising four office towers and a retail podium. Its China project is the start of a…
CapitaLand Mall Trust had net property income of S$117.5 million (US$86 million) for its second quarter to the end of last month – 1.2 per cent higher than the $116.1 million for the same period last year. “Notwithstanding the challenges in Singapore’s retail…
These expand the group’s mall footprint by another 115,000 sqm. CapitaLand Limited is accelerating its shopping mall network expansion through the recently-won management contracts with three new partnerships in China. According to the group, its subsidiary…
CapitaLand Vietnam has opened a shopping centre, The Oxygen Mall in Ho Chi Minh City’s District 2. Located at the base of the high-end residential development The Vista, The Oxygen includes three stories with over 8000 sqm retail space and is primarily…
CapitaLand, through its wholly owned shopping mall business, CapitaLand Mall Asia, has signed a contract to manage the upcoming mall at the new SingPost Centre. This is the third mall management contract that CapitaLand has inked in slightly over six months,…
CapitaLand, through its wholly owned shopping-mall business CapitaLand Mall Asia, has signed its first third-party shopping centre-management contract in Singapore to run the new SingPost Centre. Described as a world-first, Singapore Post is currently…
CapitaLand Mall Trust has posted a DPU of 2.78 Singapore cents for its 3Q 2016, a year-on-year fall of 6.7% compared to the 2.98 cents achieved in the corresponding period of 2015. Gross revenue for the period improved by 4.9% to SGD170 million (USD121…
In a third investment deal in retail real estate in China within in two weeks, the Canadian Pension Plan Investment Board (CPPIB) has signed up to acquire a 40 per cent interest in the Pavilion Dalian shopping mall for $162 million. This takes the period’s…
CapitaLand customers will soon get to enjoy a slew of virtual concierge services that allows them to hail rides, book restaurants, and browse retailer offerings by simply chatting with Sparkle – the Group’s fully automated artificial intelligence (AI) chatbot…
CapitaLand Retail China Trust (CRCT) is acquiring a shopping mall in Chengdu for 1.5 billion yuan (S$303 million). Galleria is located in the Xinnan Tiandi retail precinct of Gaoxin District in the south of Chengdu, a major shopping belt in the city. The mall…
IT has only been a week since the official release of Pokémon Go in Singapore, but amid the smokescreen of marketing puns and Poké-themed promotions, businesses across different sectors are already reporting an increase in business activity. Businesses are…
