SG Spotlight: CapitaLand Investment Q1 Revenue up 16%
CapitaLand Investment $CapitaLand(C31.SG$ posted a 16% growth on year in revenue to S$598 million for its first quarter, amid a healthy growth in fee-related earning(FRE) from its fund and lodging management businesses.
Meanwhile, FRE for its lodging management business was up 31% on year at S$55 million.
Its lodging business also posted a 34% rise in revenue per available unit for the quarter, as pent-up demand fuelled a strong pick-up in March with more countries welcoming vaccineated travellers.
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UNeverSleppWell : be careful！bubble，inflation
FelaytOP UNeverSleppWell:
