CapitaLand Investment

A union of the two Temasek stalwarts would essentially bring together two different souls who have little cultural DNA in common

Remarks come as CLI posts a H2 net loss of S$142 million on China assets’ revaluation losses

The asset manager’s latest S$142 million net loss marks a reversal from the S$148 million earnings reported a year earlier

Don’t risk destroying value of leaders CapitaLand Integrated Commercial Trust and CapitaLand Ascendas Reit  

The tie-up aligns with its long-term strategy to grow fee income through a capital-efficient, partnership-led approach

Real asset manager intends to grow its presence and engage investors in the region, as the oil-producing nations reinvent themselves

The property giant achieved a 10.9% average annual return on invested equity in the last decade, and aims for between 9% and 12% average annual returns by FY28/29

71,000 sq m facility set for completion in 2028; CLI also takes minority stake in smart logistics firm Ally Logistic Property

It is under the CLI RMB Master Fund with CapitaMall Xinduxin, as the seed asset