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CapitaLand Investment Limited ( (SG:9CI) ) has provided an announcement.
CapitaLand Investment Limited has successfully closed its CapitaLand Ascott Residence Asia Fund II, raising over US$650 million, exceeding its initial target. This achievement highlights investor confidence in CLI’s capabilities and the growth potential of the living and lodging sector, driven by trends such as increased mobility and demand for flexible living arrangements.
The most recent analyst rating on (SG:9CI) stock is a Hold with a S$2.50 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 the living and lodging sector. The company leverages its investment and operational expertise, particularly in the Asia Pacific region, to transform underutilized assets into high-performing properties.
Average Trading Volume: 10,035,069
Technical Sentiment Signal: Buy
Current Market Cap: S$13.62B
See more data about 9CI stock on TipRanks’ Stock Analysis page.