Rock Square

CapitaLand Retail China Trust to raise $300 mil through equity fund raising - THE EDGE SINGAPORE


CapitaLand Retail China Trust to raise $300 mil through equity fund raising

The funds will go to financing part of the acquisition cost of the 5 business park properties and Rock Square Mall in China.

Broker's Calls

Rock Square acquisition signals CRCT's shift to growth focus

SINGAPORE (Feb 1): DBS says CapitaLand Retail China Trust's (CRCT) move to divest Anzhen and acquire the much younger Rock Square in Guangzhou signals a shift in focus from stability from master leases to growth.

Rock Square acquisition shows growth potential for CapitaLand Retail China Trust

SINGAPORE (Dec 13): DBS Group Research is maintaining its "buy" call on CapitaLand Retail China Trust (CRCT) given future earnings may be lifted due to greater growth potential from new acquisitions.

Broker's Calls

CRCT kept at 'hold' despite slight DPU accretion from mall acquisition

SINGAPORE (Nov 30): OCBC Investment Research is maintaining its “hold” on CapitaLand Retail China Trust (CRCT) with a higher fair value of $1.63 compared to $1.61 previously, after accounting for the trust’s acquisition of Rock Square and its privat


CRCT raises $103.8 mil in oversubscribed placement for joint acquisition of Guangzhou mall

SINGAPORE (Nov 29): The manager of CapitaLand Retail China Trust (CRCT) says its private placement announced yesterday has been oversubscribed, and that it has exercised an upsize option to issue a total of 64.4 million new units at $1.612 per new unit to


CapitaLand and CRCT to jointly acquire shopping mall in Guangzhou for $689 mil

SINGAPORE (Nov 28): CapitaLand Retail China Trust (CRCT) and sponsor CapitaLand have entered into a 51:49 joint venture to acquire a 100% stake in a company that owns the Rock Square shopping mall in Guangzhou’s Haizhu District for RMB 3.36 billion ($68