Rhodes. No to privatising Australand

CapitalLand South-East, Asia’s biggest property developer by market value, has said it has no intention to privatise Australand, after increasing its stake in the company from 54 per cent to about 60 per cent, according to The Australian Financial Review. Australand is one of Australia’s major diversified property groups, with activities across Australia covering development of residential land, housing and apartments, development of and investment in income producing commercial and industrial properties, and property management