Capitaland

Capitaland: Co has stated it will continue to invest in China despite property curbs by the government and that curbs on residential properties are unlikely to loosen before 1H of 2012. It will seek to maintain a balance btwn commercial and residential projects in China. Home prices in China broadly fell with 33 out of 70 cities down mom that the government monitored. Co aims to double its portfolio in China over the nxt 5 yrs, first reported in June. Capitaland trades at fwd P/B of 0.76x