CapitaLand Cuts 10% of China Staff Amid Economic Downturn
Singaporean real estate giant CapitaLand has laid off 10% of its workforce in China, a move attributed to the ongoing economic downturn in the region.
9 stories found
Singaporean real estate giant CapitaLand has laid off 10% of its workforce in China, a move attributed to the ongoing economic downturn in the region.
Some shareholders have voiced concerns to CapitaLand Investment regarding the potential merger with Mapletree, suggesting it may not be a suitable fit.
CapitaLand has successfully raised $320 million for its new Asia-Pacific credit fund, aiming to capitalize on investment opportunities across the region.
CapitaLand, a Singaporean real estate company, has reduced its workforce in China by 10% in response to an economic downturn in the region.

CapitaLand Trust has announced a S$3.9 billion deal to acquire Paragon mall, while simultaneously selling Asia Square Tower 2 for S$2.5 billion. These transactions represent significant movements in the company's property portfolio.
China's emerging real estate investment trust (REIT) market is providing global investors with a new avenue to exit property holdings. CapitaLand of Singapore has notably become the first international sponsor of a Chinese REIT.
A new $1.8 billion office development in Singapore has drawn significant interest from major investors, including IOI, CapitaLand, and various tycoons, indicating strong confidence in the city-state's real estate market.
CapitaLand has successfully raised $403 million for its Asia-Pacific credit fund, marking a significant financial development for the company.
CapitaLand Ascendas REIT has announced a $1.4 billion investment to acquire two assets in Singapore and a data center in Japan, expanding its portfolio in key Asian markets.