Word: capitaland
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Dates: during 2007-2007
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...global consumption, but investment bank Credit Suisse predicts that number will rise to 14% by 2015, making the country the world's second largest buyer of consumer goods behind the U.S. That potential will lure more and more foreign retailers and investors, Hand says. For example, CapitaLand, a Singapore-based real estate investment company, aims to add 100 Chinese malls to its portfolio, which would more than double its current assets, according to the company's annual report. "Foreign firms will pass along good management practices and experience to local developers," Hand says...
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