CapitaLand Investment looks to expand in US, Europe while navigating market uncertainty

[SINGAPORE] CapitaLand Investment (CLI) seeks to grow its presence in the United States and Europe which are mature markets with deep pools of capital.

In an interview with The Business Times, group chief executive officer Lee Chee Koon said: “The private markets are… a lot more mature than what we have in Asia-Pacific, and we believe we can bring Asian capital – whether it’s through Asian family offices, insurance companies or other capital partners – that will be interesting.”

While the group is looking at broadening its asset management capabilities, it will need to be very careful in evaluating deals and be more thorough in its due diligence given the present market volatility, Lee said.