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Rock Square
REITs
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.
November 17, 2020
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.
February 01, 2018
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.
December 13, 2017
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
November 30, 2017
Property
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
November 29, 2017
Property
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
November 28, 2017