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Real Estate Briefing - Categorized | Developers, Market Moves more

CapitaLand to exit some markets, review Australia unit

Posted on 04 January 2013

CapitaLand Ltd.will review its Australian investments and leave some businesses in India, London and the Middle East as part of a corporate overhaul.
Southeast Asia’s largest property developer by market value no longer considers Australia a core market, its chief executive officer said Thursday. The strategic review of Australand Property Group comes as some Australian rivals are eyeing the unit’s assets………………………………………..Full Article: Source


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