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CapitaLand Investment says investments slowing amid economic red flags
Authentic estate traders are now currently being “watchful and prudent” about deploying funds in the experience of increasing economic uncertainty around the entire world, reported main Singaporean assets investment manager CapitaLand Financial investment. Its 50 percent-yr monetary results on Thursday exposed that CapitaLand Investment’s revenue fell 38{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} to $433 million Singaporean dollars ($316 million) for the initially half of the year owing to a lessen tempo of “capital recycling” this 12 months, which the agency experienced adopted as a cautionary stance against a troubled global financial system. “We’re remaining really careful, affected person and prudent, as I imagine many of our friends … are,” the company’s chief monetary officer Andrew…