Results for "CapitaLand Investment"

Major Singaporean property investment firm CapitaLand has announced the termination of approximately 90 local positions to streamline operations and align with long-term strategic goals. The workforce reduction reflects broader industry adjustments aimed at improving operational efficiency amid shifting commercial real estate demands.

CapitaLand Investment Ltd. and Malaysian developer IOI Properties Group Bhd. are reportedly close to finalizing a deal to purchase One Raffles Place, an iconic office development in Singapore, for $1.9 billion.

Some shareholders have voiced concerns to CapitaLand Investment regarding the potential merger with Mapletree, suggesting it may not be a suitable fit.