The sale of City Towers in Bukit Timah has finally been completed at its fourth en bloc attempt and after a pair of sibling owners initially attempted to block the deal.
CapitaLand, South-east Asia’s largest property group, is expected to have a better 2H19 now that assets under management have expanded to $129.1 billion after the acquisition of Ascendas-Singbridge (ASB).
THE eight Singapore-listed stocks under the enlarged CapitaLand group generated higher average returns than their regional and global peers in the year to date (YTD), while also significantly outpacing broader benchmarks, the Singapore Exchange (SGX) said on Thursday.
