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CapitaLand Investment Limited ( (SG:9CI) ) just unveiled an update.
CapitaLand China Trust has announced its proposed participation in the establishment and listing of CapitaLand Commercial C-REIT on the Shanghai Stock Exchange. This involves the divestment of its equity interest in CapitaMalls Hunan Commercial Property Co., Ltd. and a subscription for 5% of the IPO units, indicating a strategic move to enhance its investment portfolio and presence in the Chinese market.
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 China Trust is a Singapore-based company operating in the real estate investment trust (REIT) industry. It focuses primarily on managing and investing in retail properties across China, aiming to generate stable returns for its stakeholders.
Average Trading Volume: 10,049,126
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$13.26B
Learn more about 9CI stock on TipRanks’ Stock Analysis page.