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CLCT posts 5 3% year-on-year growth in net property income for FY 2023, boosted by contribution uplift in 2H 2023

RANKINGS: ALB Dealmakers of Asia 2023 | Asian Legal Business

Against a dynamic and rapidly evolving business landscape, dealmaking in Asia in the current year has been marked by resilience, innovation, and a strategic response to the challenges presented by the lingering effects of the COVID-19 pandemic. The region has continued to play a pivotal role in the global economy, with transaction lawyers navigating a complex terrain of geopolitical shifts and regulatory developments.

Five takeaways from the IR Magazine Forum & Awards – South East Asia

CLCT divests CapitaMall Shuangjing for $157 8m

CLCT divests CapitaMall Shuangjing for $157 8m
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CLCT divests CapitaMall Shuangjing in Beijing for $157 8 million

Based on the asset’s net property income from Jan 1-Sept 30, 2023, the price tag represents an exit yield of 2.8 per cent. Read more at straitstimes.com.

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