Global Health Strategies posted Temasek gives CapitaLand a new economy makeover Global Health Strategies Chelsea - New York:

Temasek gives CapitaLand a new economy makeover

The state investor will sell a real estate unit to the Singapore property giant for $4.4 bln. Temasek gets a majority stake in the heavyweight, which it already part-owns. With more exposure to e-commerce and developed markets, CapitaLand gets scale and downside protection.

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