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CapitaLand Investment posts resilient FY 2023 Cash PATMI of S$781 million

Singapore Property Giants Hit by High Rates, Global Downturn

Singapore property giants City Developments Ltd. and CapitaLand Investment Ltd. reported bigger-than-expected declines in full-year profits, after being battered by high interest rates and a global real estate downturn.

Singapore property firms profit hit by high rates, downturn

CapitaLand Investment s PATMI down 6% to $781m in FY2023 | Singapore Business Review

CapitaLand Investment s PATMI down 6% to $781m in FY2023 | Singapore Business Review
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Property giants miss analysts profit estimates

Property giants City Developments Ltd (CDL) and CapitaLand Investment Ltd reported bigger-than-expected declines in full-year profits, after being battered by high interest rates and a global real estate downturn.

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