【Capitaland C31 交流专区】嘉德置地 CAPITALAND LIMITED

icy97

Lee Chee Koon appointed as CEO of The Ascott Limited
http://www.theedgesingapore.com/the-daily-edge/business/43631-lee-chee-koon-appointed-as-ceo-of-the-ascott-limited.html

Mon, 29 Apr 11:07  
CapitaLand said that its wholly-owned serviced residence business unit, The Ascott Limited, has appointed Lee Chee Koon as its Chief Executive Officer (CEO) with effect from 1 June 2013. He will succeed Chong Kee Hiong who has resigned to pursue other opportunities.

Chong will step down as Ascott's CEO and as a non-independent non-executive director from the board of Ascott Residence Trust Management Limited (ARTML), the manager of Ascott Residence Trust, with effect from 1 June 2013. Lee will take over Chong on the Board of ARTML, subject to approval from the Monetary Authority of Singapore.

Lim Ming Yan, President and Group CEO of CapitaLand, said: “We thank Kee Hiong for his contributions to CapitaLand. The decision to leave is not an easy one for him and for us but we fully respect Kee Hiong’s decision to pursue the next stage of his career. Kee Hiong has served the company for 12 years and has been instrumental in leading the growth of Ascott and Ascott Residence Trust. We wish him all the best in his future endeavours”

He added: “With Chee Koon’s extensive experience in strategy development and his wealth of knowledge in operations, we are confident that he will lead Ascott to further strengthen its position as a world leader in the serviced residence industry.”

Lee will relinquish his current appointments as Ascott’s Deputy CEO and Managing Director for North Asia.

Before Lee joined Ascott in 2009 as its Managing Director for China, he was Vice President in the Office of the President at CapitaLand. Prior to joining CapitaLand in 2007, Lee held appointments in various ministries such as the Ministry of Trade and Industry, Ministry of Finance, and the Monetary Authority of Singapore.

icy97

Ascott secures first serviced residence in Saudi Arabia
http://www.theedgesingapore.com/the-daily-edge/business/43948-ascott-secures-first-serviced-residence-in-saudi-arabia.html

Mon, 20 May 10:45
CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has entered Saudi Arabia by securing a management contract for its first premier serviced residence in Riyadh.

The 230-unit Ascott Olaya Riyadh is slated to open near the King Abdullah Financial District in 2015. The management contract was awarded by Rafal Real Estate Development (RAFAL), the leading real estate development company in Saudi Arabia.

Guests can choose from a mix of studio, one or two-bedroom apartments to suit their lifestyle needs. Each elegantly-designed apartment will come with a fully-equipped kitchen, separate work and sleeping areas as well as a host of other modern amenities. Business travellers can make use of the serviced residence’s meeting rooms, business centre and other business support services. A health club, comprising a gymnasium, steam room and swimming pool will be available for residents to unwind after a long day.

Ascott Olaya Riyadh is just five minutes from the highly anticipated King Abdullah Financial District. Touted as the new financial centre of Riyadh, the district will be home to the GCC Central Bank headquarters, the Capital Market Authority and the Saudi stock bourse, Tadawul. The King Abdullah Financial District will also be a hub for financial and legal institutions, accounting and consultancy firms and other business service providers. Ascott Olaya Riyadh provides easy access to a wide variety of restaurants, shops and other conveniences nearby.

The addition of Ascott Olaya Riyadh will increase Ascott’s portfolio in the Gulf Cooperation Council (GCC) to almost 1,300 serviced apartment units across seven properties in Bahrain, Oman, Qatar, Saudi Arabia and the United Arab Emirates.

In the GCC, Ascott currently manages Ascott Park Place Dubai, Ascott Doha, Somerset West Bay Doha and Somerset Al Fateh Bahrain. Ascott is also slated to open its first properties in Oman, Somerset Panorama Muscat and Sohar Garden Residences, by 2014.

icy97

CapitaLand launches $653 convertible bond-terms
http://www.theedgesingapore.com/the-daily-edge/business/43972-capitaland-launches-653-convertible-bond-terms.html

Mon, 20 May 21:18  
CapitaLand, the biggest property developer in Southeast Asia, plans to raise up to US$520 million ($653 million) in convertible bonds due 2020, according to a term sheet of the deal seen by Reuters on Monday.

The bonds were launched with a coupon of 1.375% to 1.875% and an initial conversion price of $4.901 to $5.0895, according to the term sheet. The offering would total up to $650 million, with an option to grow by an additional $150 million.

SLKO80

我上个礼拜才卖掉capitaland。。。结果买了一个烂股。。

icy97

凯德集团子公司向海湾地区扩张
http://www.sharesinv.com/zh/articles/39409/

2013年06月03日
凯德集团(CapitaLand)的全资服务公寓子公司雅诗阁(The Ascott)正准备向海湾地区扩张，并会在吉达(Jeddah)推出馨乐庭品牌(Citadines)服务公寓。雅诗阁准备在2014年第一季在吉达推出166个单位的馨乐庭Tahlia及136个单位的馨乐庭Al Salamah服务公寓。管理合约是由沙地阿拉伯大型企业Abdul Samad Al Qurashi集团颁发。在加入了这两个新项目后，雅诗阁在海湾地区的服务公寓项目将增添至9个，而单位数目则超过1,500个。雅诗阁在海湾合作理事会的主管Sym Lee表示，吉达是区内的一个贸易频繁的港口城市，且经济稳定增长，尤其是在建筑及贸易领域。

启示： 随着增添两个新项目，馨乐庭品牌的网络及知名度将会扩大。此外，吉达是一个人来人往的热门地点，对服务公寓的需求应会不少。

bluenana

SLKO80 发表于 21-5-2013 09:18 PM
我上个礼拜才卖掉capitaland。。。结果买了一个烂股。。

什么烂股？介意分享吗？

SLKO80

bluenana 发表于 10-6-2013 12:33 PM
什么烂股？介意分享吗？

我买了Croesus retail trust。买了一路跌到现在。也不是它烂，是我买不对时间。Ascendas 也是，输到做蛇！

icy97

雅诗阁在菲律宾赢得服务式公寓管理合约
http://www.sharesinv.com/zh/articles/39538/

2013年06月10日
凯德置地(CapitaLand)旗下的雅诗阁(The Ascott)赢得管理其在菲律宾的第八个服务式公寓的合约。该称为Somerset Alabang Manila的产业位于马尼拉商业区，拥有150个单位，并定于2017年开幕。该产业是一个综合办公楼、零售、住宅和休闲娱乐场所于一身的发展。雅诗阁的菲律宾与泰国区域总经理Arthur Gindap表示：“雅诗阁在菲律宾的主要金融区马卡蒂市经营三个产业，在该区的地位稳固。因此我们正在其他商业区积极扩大版图，这些地区的外来直接投资推动了对服务式公寓的殷切需求。”此外，雅诗阁拟在2014年分别在马尼拉和马卡蒂开设Ascott Bonifacio Global City Manila和Citadines Salcedo Makati，并将在2015年在马尼拉开设Citadines Millennium Ortigas。

启示：上述合约将加强雅诗阁作为菲律宾最大国际服务式公寓业主兼营运商的地位。雅诗阁在菲律宾拥有八个产业的超过1,400个公寓单位。


Ascott to manage 8th serviced residence in the Philippines
http://www.theedgesingapore.com/the-daily-edge/business/44258-ascott-to-manage-8th-serviced-residence-in-the-philippines.html

Mon, 10 Jun 18:15  
The Ascott Limited, CapitaLand’s wholly-owned serviced residence business unit, has won a contract to manage a serviced residence in Alabang, a major business district in Metro Manila, Philippines.

The 150-unit Somerset Alabang Manila is slated to open in 2017. It will reinforce Ascott’s position as the largest international serviced residence owner-operator in the Philippines with more than 1,400 apartment units across eight properties.

Somerset Alabang Manila has a prime location within the fast developing Filinvest City, an integrated development comprising office, retail, residential and leisure components. The serviced residence is close to the corporate offices of multinational corporations such as Shell, HSBC and Verizon.

Situated right off the exit of the South Luzon Expressway, Somerset Alabang Manila is just a 25-minute drive away from the airport and is easily accessible from the industrial parks in Laguna, Cavite and Batangas. Guests will get to enjoy a wide range of amenities near the property, including restaurants, shopping malls, supermarkets, sports and recreational venues and even a hospital with a lifestyle medical centre.

Somerset Alabang Manila will offer spacious studio, one- to three-bedroom residences and penthouse units. All apartments will come with a fully-equipped kitchen, separate living, dining and work areas. The comprehensive facilities at the serviced residence include an outdoor swimming pool, gymnasium, residents’ lounge, children’s playroom, meeting rooms and business centre.

Apart from Somerset Alabang Manila, Ascott is also set to open Ascott Bonifacio Global City Manila and Citadines Salcedo Makati in 2014 and Citadines Millennium Ortigas Manila in 2015.

icy97

OCBC keeps CapitaLand at Buy, targets $4.29
http://www.theedgesingapore.com/the-daily-edge/business/44262-ocbc-keeps-capitaland-at-buy-targets-429.html

Tue, 11 Jun 10:52  
OCBC maintains its Buy rating and $4.29 fair value estimate on CapitaLand (C31.SG), noting the company has secured a contract to manage a serviced residence in Manila.

The house expects the continued growth of CapitaLand's serviced residence business to extend its competitive edge in terms of scale and branding.

"With about $0.9 billion of assets under development (on an effective stake basis), Ascott enjoys a good pipeline for capital recycling and growing the Ascott REIT ahead," it says; "we continue to favor CapitaLand for its diversified real-estate portfolio across asset classes, its strong balance sheet and renewed management focus on improving shareholder ROE," it adds.

Shares are down 2.4% at $3.26.

icy97

BOA-ML lifts CapitaLand price target; Keeps Neutral
http://www.theedgesingapore.com/the-daily-edge/business/44352-boa-ml-lifts-capitaland-price-target-keeps-neutral.html

Tue, 18 Jun 12:01
Bank of America-Merrill Lynch raises CapitaLand's (C31.SG) price target to $3.30 from $3.22 as the house is "optimistic about management's desire to positively improve investor perception of the group, however we expect new strategies will take time to translate into a meaningful earning or RNAV uplift."

Despite raising its target, the house lowers its 2013 earnings forecasts by 23% to incorporate recent results announcements and to reflect a reorganization of the company's reporting structure along the lines of its key business.

Upside risks to its forecasts include a further decline in interest rates and higher-than-expected residential prices, while downside risks include lower-than-expected capital values and transaction volumes within the Singapore residential market, it says.

The house maintains a Neutral rating on the stock.

icy97

CapitaLand acquires stake in Shanghai development for $398mil
http://www.theedgesingapore.com/the-daily-edge/business/44362-capitaland-acquires-stake-in-shanghai-development-for-398mil.html

Wed, 19 Jun 08:51   
CapitaLand has acquired a 70% stake in a mixed-use development in Shanghai for $397.5 million.

In a statement, the property developer said its wholly-owned business unit CapitaLand China bought a 70% stake in Shanghai Guang Chuan Property Co Ltd, a unit of Shanghai Shentong Metro Assets Management (Shentong Assets).

Shentong Assets is responsible for the development and asset management of properties above the group's metro stations or along the metro lines in Shanghai.

The acquisition gives CapitaLand control over the project in Shanghai's Zhabei District, which will be developed into a mixed development comprising residential, office and retail components.

The 25,427-square-metre (sqm) site has a total gross floor area (GFA) of around 110,000 sqm.

CapitaLand said offices and shops will account for 74,945 sqm of gross floor area, while residential units will make up 30,096 sqm.

The site is a 15-minute drive from Shanghai's central business district and sits above an interchange station for metro lines 1, 12 and 13.

The project will commence in 2015 and is expected to be completed by 2017.

icy97

Downside risk for CapitaLand's China sales: OCBC
http://www.theedgesingapore.com/the-daily-edge/business/44435-downside-risk-for-capitalands-china-sales-ocbc.html

Tue, 25 Jun 15:16  
OCBC sees heightened downside risk for CapitaLand's (C31.SG) Chinese residential rental and sales.

Manufacturing data and a lack of interbank liquidity "point to increasing macro uncertainties as authorities attempt to engineer a more sustainable albeit slower tempo of growth," the house says in a research note.

Rising interest rates alone are unlikely to cause prices to fall, but would likely affect primary sales volumes, the house says.

It cuts its fair value estimate to S$3.77 but keeps a Buy call; the shares are "likely oversold at this juncture at a 45% discount to RNAV."

It notes CapitaLand's strong balance sheet ($5.4 billion cash, 44% net gearing) which would buttress its businesses through any headwind. The stock is recently up 1% at $3.01.

novice8

icy97 发表于 26-6-2013 12:05 AM
Downside risk for CapitaLand's China sales: OCBC
http://www.theedgesingapore.com/the-daily-edge/bus ...

买这作长期投资应该不错吧

icy97

CapitaLand's 2Q profit falls on lower portfolio gains
http://www.theedgesingapore.com/the-daily-edge/business/44836-capitalands-2q-profit-falls-on-lower-portfolio-gains.html

Thu, 25 Jul 09:06  
CapitaLand, Southeast Asia’s biggest developer, said second-quarter profit fell 0.7% on lower portfolio gains.

Net income declined to $383.1 million in the three months ended June 30, from $385.9 million a year earlier, the Singapore-based developer said in a statement through the stock exchange today. Earnings in the same quarter last year included divestment gains of $81.8 million primarily from the sale of two shopping malls, CapitaLand said. Sales rose 37% to $1.18 billion.

Prices and sales volume of Singapore residential property are expected to moderate as the cumulative impact of the various property measures continue to be played out in the coming months, according to the company statement. CapitaLand sold 139 residential units in the island state in the quarter, 31% lower than the same period last year, while its China business sold 736 units for about $260 million, the developer said.

“We will continue to focus on our core markets of Singapore and China to develop homes, offices, shopping malls, serviced residences and mixed developments,” Lim Ming Yan, president and group chief executive officer at CapitaLand, said in the statement.

The developer in June said it acquired a 70% stake in Shanghai Guang Chuan Property Co. for 1.95 billion yuan ($404 million), through which it will develop a mixed-use project which will include homes, officers and retail.

Singapore Prices
Singapore home prices climbed to a record in the second quarter as gains in suburban housing values accelerated, leading to new government measures on property loans at the end of June. Record home prices amid low interest rates raised concerns of a housing bubble and prompted the government to widen a four-year campaign in January to curb speculation prices in Asia’s second- most expensive housing market.

CapitaLand’s two core markets of Singapore and China accounted for 75.3% of the group’s profit before interest and tax as of June 30, the company said today.

The shares gained 1.3% to $3.21 in Singapore trading yesterday.


CapitaLand warns of Singapore property market headwinds
http://www.theedgesingapore.com/the-daily-edge/business/44850-capitaland-warns-of-singapore-property-market-headwinds-update.html

Thu, 25 Jul 18:13
CapitaLand, Southeast Asia’s biggest developer, said prices and sales of Singapore residential properties are expected to moderate because of government measures aimed at curbing speculation.

The developer sold 139 residential units in the island- state in the three months ended June 30, 31% fewer than in the same period last year, the company said in a statement through the Singapore stock exchange today. Second-quarter profit fell 0.7% on lower portfolio gains, it said. The shares were 0.3% higher at $3.22 at the close of trading in Singapore

CapitaLand expects some headwinds for Singapore’s private residential property market in the near term, according to its earnings statement. The Monetary Authority of Singapore introduced a total debt servicing ratio cap of 60% for property loans granted by financial institutions. This is expected to have an impact on residential property sales, CapitaLand said.

“Most developers have been cautious post the latest round of measures,” Vikrant Pandey, a Singapore-based analyst at UOB Kay Hian, said.

Singapore home prices climbed to a record in the second quarter as gains in suburban housing values accelerated, leading to new government measures on property loans at the end of June.

HOUSING BUBBLE
Record home prices amid low interest rates raised concerns of a housing bubble and prompted the government to widen a four- year campaign in January to curb speculation in Asia’s second- most expensive housing market. In January, the government increased stamp duties for homebuyers by 5 percentage points to 7 percentage points.

Singapore’s central bank estimates that between 5% and 10% of borrowers have probably over-leveraged on their property purchases with total debt service payment at more than 60% of their income, MAS Managing Director Ravi Menon said on July 23. Low interest rates, growing leverage, and surging property prices pose significant risks to financial stability, he said.

Net income at Singapore-based CapitaLand declined to $383.1 million in the three months ended June 30, from $385.9 million a year earlier. Earnings in the same quarter last year included divestment gains of $81.8 million primarily from the sale of two shopping malls, CapitaLand said. Sales rose 37% to S$1.18 billion.

“We will continue to focus on our core markets of Singapore and China to develop homes, offices, shopping malls, serviced residences and mixed developments,” Lim Ming Yan, president and group chief executive officer at CapitaLand, said in the statement.

The developer in June said it acquired a 70% stake in Shanghai Guang Chuan Property Co. for 1.95 billion yuan ($403million), through which it will develop a mixed-use project, which will include homes, offices and retail space.

Singapore and China accounted for 75.3% of the group’s profit before interest and tax as of June 30, the company said today.

icy97

Ascott acquires prime serviced residence in Hongkong for $76 mil
http://www.theedgesingapore.com/the-daily-edge/business/44973-ascott-acquires-prime-serviced-residence-in-hongkong-for-76-mil.html

Thu, 1 Aug 19:49
The Ascott Limited, CapitaLand’s wholly-owned serviced residence business unit, has acquired an operating serviced residence in Hong Kong for HK$462.3 million ($75.5 million).

The property will be leased back to the seller or its nominated entity for two years. At the end of the lease in 2015, the property will be reconfigured and rebranded by Ascott.

The serviced residence has a prime location at No.138 Connaught Road West in Hong Kong Island which overlooks the Victoria Harbour. It is a five-minute walk to the new Sai Ying Pun Mass Transit Railway station that will be operational in 2015, and is surrounded by Hong Kong’s authentic cultural, dining, shopping and leisure attractions, including Sun Yat Sen Memorial Park and Macau Ferry Terminal.

With the International Finance Centre, trendy Soho and Central areas just two metro train stops away, the serviced residence is perfectly suited for both business and leisure.

icy97

雅诗阁再添3份中国产业管理合约
http://www.sharesinv.com/zh/articles/40850/

2013年08月15日
凯德置地(CapitaLand)的全资子公司雅诗阁(The Ascott)取得多三份产业管理合约。三个产业分别位于中国合肥、重庆和厦门，并将为雅诗阁添加567个公寓单位。雅诗阁目前是中国最大的国际服务式公寓业主兼营运商，它管理中国20个城市内51个产业的9,000多个公寓单位。这三个公寓定于2015年到2017年之间开幕，让雅诗阁迈向其在2015年达到1万2,000个公寓单位的目标。

启示：雅诗阁在今年登陆中国合肥、南京和无锡；印度古尔冈及沙地阿拉伯的利雅得和吉达等六个城市，其全球组合达到81个城市内的3万2,000多个公寓单位。上述的三个新产业将有助进一步巩固其在中国的地位。

icy97

Name of Announcer *	CAPITALAND LIMITED
Company Registration No.	198900036N
Announcement submitted on behalf of	CAPITALAND LIMITED
Announcement is submitted with respect to *	CAPITALAND LIMITED
Announcement is submitted by *	Ng Chooi Peng
Designation *	Assistant Company Secretary
Date & Time of Broadcast	14-Aug-2013 06:47:38
Announcement No.	00009

>> ANNOUNCEMENT DETAILS

The details of the announcement start here ...

Announcement Title *

Presentation slides for CapitaLand Debt Investors Day to be held on 14 August 2013

Description

The attached presentation slides issued by CapitaLand Limited on the above matter is for information.

Attachments

CL_Debt_Investors_Day_PresidentGroupCEO_final.pdf CL_Debt_Investors_Day_GroupCFO_final.pdf

icy97

Name of Announcer *	CAPITALAND LIMITED
Company Registration No.	198900036N
Announcement submitted on behalf of	CAPITALAND LIMITED
Announcement is submitted with respect to *	CAPITALAND LIMITED
Announcement is submitted by *	Ng Chooi Peng
Designation *	Assistant Company Secretary
Date & Time of Broadcast	15-Aug-2013 09:01:46
Announcement No.	00019

>> ANNOUNCEMENT DETAILS

The details of the announcement start here ...

Announcement Title *

News Release - "Ascott continues strong growth in China with three more properties in Hefei, Chongqing and Xiamen"

Description

The attached news release issued by CapitaLand Limited on the above matter is for information. The above news release is not expected to have any material impact on the net tangible assets or earnings per share of the CapitaLand Group for the financial year ending 31 December 2013.

Attachments

Ascott_NewsRelease_Strong.Growth.In.China.15Aug2013.pdf

icy97

Name of Announcer *	CAPITALAND LIMITED
Company Registration No.	198900036N
Announcement submitted on behalf of	CAPITALAND LIMITED
Announcement is submitted with respect to *	CAPITALAND LIMITED
Announcement is submitted by *	Low Sai Choy
Designation *	Company Secretary
Date & Time of Broadcast	16-Aug-2013 15:05:34
Announcement No.	00023

>> ANNOUNCEMENT DETAILS

The details of the announcement start here ...

Announcement Title *

News Release - "Auditor turned wedding videographer clinched the top prize in the regional CapitaLand-National Geographic Channel "Building People" Photography Competition"

Description

The attached news release issued by CapitaLand Limited on the above matter is for information.

Attachments

CL.NationalGeographicChannel_NewsRelease_Winning_entries.160813.pdf

icy97

Name of Announcer *	CAPITALAND LIMITED
Company Registration No.	198900036N
Announcement submitted on behalf of	CAPITALAND LIMITED
Announcement is submitted with respect to *	CAPITALAND LIMITED
Announcement is submitted by *	Ng Chooi Peng
Designation *	Assistant Company Secretary
Date & Time of Broadcast	22-Aug-2013 17:34:47
Announcement No.	00082

>> ANNOUNCEMENT DETAILS

The details of the announcement start here ...

Announcement Title *	Establishment of wholly-owned subsidiaries
Description	The attached announcement issued by CapitaLand Limited on the above matter is for information.

Attachments

CLS.resi.subsidiaries.22Aug13.pdf