0529 GMT - CapitaLand Investment could make more acquisitions across its group in the coming quarters, says DBS Group Research's Derek Tan in a note. The Singapore-based asset manager seems to be increasing its focus on growing fee income and continuing its capital-recycling efforts, he says, based on the company's 3Q business update. "The low [interest-rate] environment remains conducive for the group's managed REITs to remain on the hunt for opportunities," he says. Tan expects CapitaLand Investment's overall performance in 2H to be stronger than the previous half, given incremental contribution from some of its investment platforms. DBS maintains its buy rating and S$3.65 target on CapitaLand Investment, which falls 0.4% to S$2.64. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
November 07, 2025 00:29 ET (05:29 GMT)
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