CapitaLand eyes AUM of S$100b by 2020 and S$3b in capital recycling each year
Singapore
CAPITALAND is aiming to grow its total assets under management (AUM) from S$88.8 billion as of end-2017 to S$100 billion by 2020, even as it announced a 20 per cent increase in core dividends for fiscal 2017 to 12 Singapore cents a share.
To achieve that AUM growth target, the group can co-invest with funds and capital partners or manage the assets on behalf of funds or third-party owners without taking on equity stakes, said president and group chief executive Lim Ming Yan.
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