Latest update as of 15/02/2017 @$3.49:
- Capitaland's 4Q16 PATMI (Profit After Tax and Minority Interest) increased 73.8% YoY to S$420.5m mostly due to improved operating performance, higher fair value gains and reduced impairments over the quarter.
- Its profit gains mostly due to higher recognition of profits in China and improved contributions from CapitaGreen and the shopping mall portfolio.
- Aside to that, the sales of their Vietnam operation that continue to scale up also brings a positive outcome.
- For more details information, please refer to sources from:
- capitaland.listedcompany.com > CapitaLand Limited: 2nd year of record Chinese sales.
Latest update as of 19/01/2017 @$3.18:
- CapitaLand recently announced that it has acquired for US$51.9m (S$70m) a 0.5 hectare prime site in Ho Chi Minh City, Vietnam as it remains confident about the country's economy and healthy home demand.
- CapitaLand has entered into a conditional agreement to wholly acquire a prime commercial site in the CBD of Ho Chi Minh City, Vietnam to develop a Grade A office tower.
- CapitaLand has a 22-year track record in Vietnam which has delivered to-date, 22 serviced residences, nine residential developments and now, a prime commercial property.
For more details, please refer to sources from: - straitstimes.com
- capitaland.listedcompany.com - news release.pdf
Business Overview:
Capitaland is one of Asia's largest real estate companies headquartered and listed in Singapore. Capitaland diversified global real estate portfolio includes integrated developments, shopping malls, serviced residences, offices and homes. Their two core markets are Singapore and China, while Indonesia, Malaysia and Vietnam have been identified as new growth markets. CapitaLand also has one of the largest real estate fund management businesses with assets located in Asia.
CapitaLand’s listed real estate investment trusts (REITS) are:
- CapitaLand Mall Trust - First and largest REIT by market capitalisation and asset size in Singapore
- CapitaLand Commercial Trust - Singapore's first listed commercial REIT
- Ascott Residence Trust - World's first pan-Asian serviced residence REIT
- CapitaLand Retail China Trust – First China shopping mall REIT in Singapore
- CapitaLand Malaysia Mall Trust - Shopping mall-focused REIT with an income- and geographically-diversified portfolio
For more information, please refer to sources from Capitaland.com
Dividend Payout:
Table for CapitaLand Limited (C31) Dividend Yield History
Column Chart Projection of CapitaLand Limited (C31) Dividend Yield