CapitaLand has received approval to list its CapitaRetail China Trust on the main board of the Singapore Exchange.The private trust set up by CapitaLand will be the first China retail Real Estate Investment Trust in Singapore.CapitaRetail China Trust has an initial portfolio of seven retail malls located in five cities across China. The portfolio is valued at S$690 million and has a total gross rentable...
Overseas Property
Thailand's booming property market is cooling off this year, with analysts expecting sales to remain flat due to rising interest rates and a general slowdown in the economy. Despite strong demand for downtown condos in Bangkok and resort properties, the overall market in Thailand slumped by 4.5 percent in the seven months to July, according to Kasikorn Research Center. Several analysts said last...