Singapore’s CapitaLand and Mapletree Mull Merger, DJ Reports

Singapore’s CapitaLand and Mapletree Mull Merger, DJ Reports

Two Singapore property asset managers are mulling a merger that could create one of Asia’s largest real estate firms with more than $150 billion under management, Dow Jones reported on Monday.

CapitaLand Investment, Mapletree Investments exploring merger: WSJ report

The report said the plans are in the very initial stages and a deal may or may not materialise. Read more at straitstimes.com.

Singapore’s CapitaLand and Mapletree mull merger: report

The process is part of recent moves by Temasek-owned entities to evaluate options to reshape portfolio companies into stronger global entities, according to the report