Acquisition of PropertyLifestyle by Propbuzz, an associated company of pFission, which became one of Singapore’s largest online property hubs.
Propbuzz won the Best Business Services Site award at the Asian Internet Awards.
Completion of joint venture agreement on TenantWorld by pFission. This is the first industry-led office e-Hub in Singapore by leading property developers City Developments Limited, Keppel Land and Singapore Land.
Acquisition of an additional 65 units of Somerset Fortune Garden, a 211-unit serviced residence in Beijing by The Ascott.
Sale of stake in VISTA Healthcare Asia by CapitaLand Commercial, in line with its strategy to divest non-core investments.
Launch of Thos SB Raffles by Raffles International as its latest initiative as creator of lifestyle concepts and products.
Launch of Summit Panorama in Pudong district, Shanghai, by CapitaLand China.
August
PREMAS International signed a Research MOU with the Centre for Total Building Performance, School of Design Environment, National University of Singapore.
Launch of PREMAS Training College by PREMAS International. Officiated by Minister-without-Portfolio Mr Lim Boon Heng (pictured below).
Meeting of the IAP to discuss the longer-term growth strategies of the CapitaLand Group.
September
Establishment of the first wholesale property fund denominated in Singapore dollars by CapitaLand Commercial and ERGO Insurance Group through the launch of a S$875 million office property fund with three prime Singapore office properties – Pidemco Centre, The Adelphi and Temasek Tower (pictured above).
Completion of the transfer of retail management contracts for Junction 8, Liang Court, Scotts Shopping Centre and Funan The IT Mall, making CapitaLand Commercial the largest manager of retail space in Singapore.
CapitaLand won the “Most Transparent Company Award” given by SIAS for the Property Company category, and Raffles Holdings won the same for the Hotel category.
Raffles International was the only home-grown company ranked among the “Best Employers in Singapore”, a regional survey conducted by Hewitt Associates.
October
Announcement of third-quarter results by CapitaLand; the only property company other than subsidiaries The Ascott and Raffles Holdings to announce results on a quarterly basis.
Completion of the sale of controlling interest in three non-core hotels in Hanoi, Yangon and Suzhou.
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Sale of prime London office property, 131 Finsbury Pavement, for S$125 million, by CapitaLand Commercial. This is in line with its strategy to optimise returns from investment properties and generate greater shareholder value.
Creation of a new fee-based business unit, CapitaLand Financial, headed by CapitaLand’s former Chief Financial Officer. A new Chief Financial Officer was appointed to augment CapitaLand’s senior management.
