Shares & Derivatives
Why CapitaLand China Trust (SGX: AU8U) Is Primed for Further Growth
By Seedly  •  October 18, 2021
CapitaLand China Trust (SGX: AU8U) (CLCT) is Singapore’s largest China-focused real estate investment trust (REIT). The REIT’s sponsor is Singapore-listed CapitaLand Investment (SGX: 9CI), a leading global real estate investment manager. CapitaLand China Trust, which was previously known as CapitaLand Retail China Trust, expanded its investment strategy last year to include office and industrial properties. With the expansion, CapitaLand China Trust is making its maiden foray into the China logistics space by acquiring four logistics assets. Here’s what you should know about CapitaLand China Trust’s entry into the attractive logistics sector. TL;DR: CapitaLand China Trust’s Acquisition of Logistics Assets Here are the key highlights from CapitaLand China Trust’s announcement:
  • CapitaLand China Trust is acquiring a portfolio of four prime logistics assets in China
  • The REIT’s total cost of the acquisition is estimated at around S$297.7 million
  • CapitaLand China Trust intends to finance the acquisition through a mix of debt and equity
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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