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CapitaLand Investment Limited ( (SG:9CI) ) has provided an announcement.
CapitaLand Investment Limited has successfully closed its second onshore sub-fund, China Retail RMB Fund I, under its RMB Master Fund, securing a total fund size of RMB1 billion. The sub-fund will recapitalize CapitaMall Xinduxin, a prime retail asset in Qingdao, as its seed asset, reflecting CLI’s strategy to unlock capital for reinvestment and strengthen its position in the domestic market. This move underscores CLI’s ability to attract significant domestic investment and reinforces its domestic-for-domestic fund strategy, having raised nearly RMB55 billion across nine onshore funds since 2021.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.65 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 funds and investments in real estate and related sectors. The company is known for its expertise in scaling through trusted partnerships and disciplined execution, with a strong focus on the Chinese market.
Average Trading Volume: 11,804,546
Technical Sentiment Signal: Sell
Current Market Cap: S$13.37B
For an in-depth examination of 9CI stock, go to TipRanks’ Overview page.