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CapitaLand Investment Limited ( (SG:9CI) ) has shared an announcement.
CapitaLand Investment Limited (CLI) has successfully listed CapitaLand Commercial C-REIT (CLCR) on the Shanghai Stock Exchange, marking China’s first international-sponsored retail C-REIT. This listing strengthens CLI’s position as Asia Pacific’s largest REIT manager by market capitalization and expands its REIT management platform into China. CLCR’s IPO exceeded expectations, raising RMB2.29 billion, with a forecast distribution yield of 4.40% for FY 2025. Additionally, CLI has closed the first sub-fund under its CLI RMB Master Fund, acquiring its first asset and planning further expansion with a second sub-fund focused on retail assets. CLI’s strategic moves indicate significant growth opportunities in China’s real estate market.
The most recent analyst rating on (SG:9CI) stock is a Hold with a S$3.00 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 (CLI) is a leading global real asset manager, focusing on managing real estate investment trusts (REITs) across Asia Pacific. The company is involved in capital recycling and domestic-for-domestic fund strategies, with a market presence in Singapore, China, Malaysia, and Japan.
Average Trading Volume: 9,150,601
Technical Sentiment Signal: Buy
Current Market Cap: S$13.67B
For a thorough assessment of 9CI stock, go to TipRanks’ Stock Analysis page.