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The latest announcement is out from CapitaLand Investment Limited ( (SG:9CI) ).
Astaka Holdings Limited, a prominent property developer in Johor, Malaysia, announced a RM1.2 billion mixed-use development project, including a lifestyle retail mall adjacent to its upcoming residential skyscraper, Arden @ One Bukit Senyum. In a strategic move, Astaka has partnered with CapitaLand Investment Limited to serve as a retail advisor, enhancing its retail strategy through asset planning and support during various stages of the project. The unveiling of the master plan for Phase 3 of the One Bukit Senyum integrated project, which includes this new development, marks a significant milestone, contributing to the project’s total estimated GDV of RM3.6 billion.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
More about CapitaLand Investment Limited
CapitaLand Investment Limited is a leading global real asset manager with a network of more than 70 malls across Singapore, Malaysia, and China.
Average Trading Volume: 8,431,836
Technical Sentiment Signal: Buy
Current Market Cap: S$13.83B
For an in-depth examination of 9CI stock, go to TipRanks’ Overview page.