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June
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Divestment of 55% stake in Raffles City (Private) Limited by Raffles Holdings for S$984.5 million.
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Completion of the acquisition of Swissotel Holding AG by Raffles Holdings, significantly increasing its global presence.
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Sale of 40% interest in Little India Arcade Pte Ltd by CapitaLand Commercial, in line with its strategy to divest non-core investments.
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Official launch of CapitaLand China Holdings Group in Shanghai.
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Official launch of Manhattan Heights, a luxury condominium in Shanghai, by CapitaLand China (pictured below).
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Launch of SunGlade condominium by CapitaLand Residential, which went on to become the top-selling home, in terms of units sold, in Singapore during the second quarter.
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Completion of Singapores first internationally rated securitisation programme, a S$200 million progress payment securities Fixed Rate Bond issue, by CapitaLand Residential.
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Won four awards at the 38th Annual World Congress of the International Federation of Landscape Architects, officiated by Prime Minister Goh Chok Tong. Temasek Tower and The Floravale came out tops in the Commercial and Residential categories respectively, while Cuppage Mall/H2O Zone received a merit award in the prestigious SILA Professional Awards Competition 2001. Temasek Tower also won a merit award in the Garden City Awards 2001.
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