CapitaLand Ltd. (CAPL), the Southeast Asia developer that is reorganizing into four main units to help focus on its key markets, said it will look to exit some projects in the U.K., India and the Middle East, and reassess its investment in Australia’s Australand Property Group.
CapitaLand, which in the past year announced top management changes and the retirement of its founder, is focusing on China and Singapore, and seeking to exit businesses where it doesn’t have a significant presence. Full story
Related:
CapitaLand to focus on Singapore, China; reviews Australia - Reuters
