0920 GMT - CapitaLand Investment's asset sales in China are likely to speed up this year, says DBS Group Research's Derek Tan in a note.The asset manager's China portfolio weighed on overall valuations and dragged down its 2025 earnings. The analyst expects sales to pick up, saying the company is likely to exceed S$1 billion in divestments in China over the next six to 12 months. He adds that CapitaLand Investment's plan to list a second real estate investment trust in China should boost its sales efforts. Tan cuts his 2027-2028 earnings forecasts by 1% to 4%. DBS keeps its buy rating and target price of S$3.65. Shares closed flat at S$3.12. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
February 16, 2026 04:20 ET (09:20 GMT)
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