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CapitaLand China Trust ( (SG:AU8U) ) has shared an announcement.
CapitaLand Investment Limited has successfully listed CapitaLand Commercial C-REIT (CLCR), China’s first international-sponsored retail C-REIT, on the Shanghai Stock Exchange. This move strengthens CLI’s position in the Asia Pacific market and expands its REIT management platform into China. The IPO raised RMB2.29 billion, exceeding initial estimates, and is expected to yield a distribution of 4.40% for FY 2025. Additionally, CLI has closed its first sub-fund under the CLI RMB Master Fund, focusing on acquiring income-producing assets, with plans to launch a second sub-fund targeting retail assets later in 2025. These developments highlight CLI’s strategic focus on capital recycling and expanding its asset management footprint in China.
The most recent analyst rating on (SG:AU8U) stock is a Hold with a S$0.75 price target. To see the full list of analyst forecasts on CapitaLand China Trust stock, see the SG:AU8U Stock Forecast page.
More about CapitaLand China Trust
CapitaLand Investment Limited (CLI) is a leading global real asset manager, recognized as Asia Pacific’s largest REIT manager by market capitalization. The company focuses on managing real estate investment trusts (REITs) and has a significant presence in Singapore, China, Malaysia, and Japan.
Average Trading Volume: 2,604,086
Technical Sentiment Signal: Buy
Current Market Cap: S$1.37B
Learn more about AU8U stock on TipRanks’ Stock Analysis page.