CapitaLand, AEM receive highest net institutional inflows in Q3 to date
CapitaLand received $94.8 net institutional inflows in the third quarter to-date.
CapitaLand, AEM Holdings, and Ascendas REIT were the top Singapore Exchange (SGX)-listed stocks to receive the highest net institutional inflows in the third quarter to date, according to an SGX report.
CapitaLand received $94.8m, in the midst of its planned restructuring to create CapitaLand Investment, which is poised to be a leading listed global Real Estate Investment Manager.
AEM Holdings followed, receiving $58.4m net institutional inflows. The firm is planning to raise $103.1m in a private placement to Temasek.
Ascendas REIT received $40m net institutional inflows in the third quarter to date. It posted a 12% increase in its gross revenue to $586.0m in the first half, driven by contributions from two office properties in San Francisco, 11 data centres across Europe, and two suburban offices in Australia.
Read more of SGX’s report here.