CapitaLand Limited as part of a corporate revamp will review its Australian investments and exit some operations in India, London and the Middle East. CapitaLand Considers Australia a non core market, its Chief Executive Officer, Lim Ming Yan said. CapitaLand is conducting a strategic review of Australand Holdings Limited as some Australian rivals are eyeing the unit's assets.

The group hasn't made any firm plans for its 59% stake in the unit and is in "no hurry to exit any investment," he said.