CapitaLand restructuring: A look back on some IR initiatives that worked

Singapore

SEPT 9 marked the last trading day for CapitaLand shares. In its place, a restructured company called CapitaLand Investment began trading on Sept 20.

With assets under management (AUM) of US$88 billion, this new entity is said to be the second-largest listed real estate investment manager globally after Hong Kong-listed ESR Cayman.

CapitaLand has actually undergone several restructurings since its inception in 2000.

Its initial strategy was to establish a multi-sector real estate portfolio, and export its expertise to overseas markets.

Later, it adopted an asset-light strategy by spinning off its stabilised income-p…