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An announcement from CapitaLand Investment Limited ( (SG:9CI) ) is now available.
CapitaLand Ascendas REIT Management Limited (CLARML), managing CapitaLand Ascendas Real Estate Investment Trust (CLAR), announced plans to acquire two properties in Singapore: a data center at 9 Tai Seng Drive and a business space at 5 Science Park Drive. These acquisitions, expected to complete in the second half of 2025, signify CLAR’s strategic expansion in the data center and business space sectors, potentially enhancing its portfolio and market position.
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
Average Trading Volume: 10,707,050
Technical Sentiment Signal: Buy
Current Market Cap: S$12.91B
See more data about 9CI stock on TipRanks’ Stock Analysis page.