Ion Orchard in Singapore.
This stock was recently spun off from CapitaLand Limited and has been trading on the stock market for a little under a year now. CapitaLand owns many properties across Singapore and several properties internationally.
From integrated developments to malls, hotels, and offices, CapitaLand Investment offers investors exposure to various segments of the property sector through the many funds and partnerships it owns. The company is currently going through an asset recycling program where it divests its assets into different funds and uses the proceeds to buy new assets. Could this present an opportunity for investors? Let’s find out.
Stock information
Ticker symbol: 9CI
Market cap: $18.95B
Industry: Real Estate Services
The Business
Celebrating just about a year on the SGX, CapitaLand Investment came from a restructuring of CapitaLand’s business after it was split into 2: CapitaLand Development which is the property development business and now taken private, and
...