CapitaLand Investment

Singapore’s CapitaLand sheds 10% of China staff amid downturn

Headcount in its Singapore base has also been reduced, though the proportion stays unchanged at 24% of global employees

Regulatory changes supporting initiatives such as private Reits have improved liquidity for quality assets, with both local and foreign investors starting to use such structures as pathways to generating liquidity.

Domestic capital reshapes China real estate deals as asset managers redirect to ‘China-for-China’ play

Mapletree exploring first renminbi fund with Chinese insurers, while CapitaLand eyes second C-Reit with 4.8b yuan IPO in coming months

One Raffles Place was worth S$2.37 billion based on a valuation of the Reit’s stake at the end of 2025. It has 702,980 square feet of lettable space.

One Raffles Place attracting interest from IOI, CLI, tycoons: sources

The development is just one of numerous commercial real estate assets in a market seeing a renewed buzz

CLI’s Patricia Goh says the company won the Income mandate due to its local presence, tenant relationships, and track record in buying, managing and selling assets across sectors.

CapitaLand Investment expects more big mandates after S$2.4 billion Income Insurance win

Under new mandate, CLI will oversee insurer’s portfolio and refresh assets through deals

The most striking aspect of the Paragon deal is that the manager of CICT seems less fazed by the ageing property’s need for an asset enhancement initiative than Cuscaden Peak.
HOCK LOCK SIEW

Paragon deal: Why investors should get ready for more Reit mergers and take-private offers

In a less-conducive operating backdrop, smaller Reits may be weeded out, as larger ones play the role of consolidators

CLI notes that the gains for the fee-related business were underpinned by its funds platform, amid increases across segments.

CLI fee revenue up 10% in Q1 as real estate investment business revenue softens 14%; potential inflation may weigh on asset operations

Total revenue stands at S$487 million; real estate investment business revenue down following divestments

For FY2025, CLI’s earnings were at S$145 million, down 70% from S$479 million in FY2024, due mainly to lower portfolio gains and higher revaluation losses on the group’s China portfolio.

CapitaLand Investment sets sights on single flagship C-Reit to drive scale

In the longer term, it hopes to combine CapitaLand Commercial C-Reit with a second China Reit slated to list this year

Adding Paragon to its portfolio while exiting Asia Square Tower 2 enhances CICT’s yield and growth trajectory, thereby strengthening its investment case.
THE LEVEL GROUND

Paragon’s value lies in the opportunity for CICT to transform an ageing gem

The trust has the means and expertise to add value to the trophy Orchard Road asset

CLI says it will use its portfolio management capabilities to "enhance the performance of Income Insurance's real estate assets in Singapore".

CapitaLand Investment to manage Income Insurance’s S$2.4 billion real estate investment portfolio

Including the new mandate, CLI has completed ‘over S$12.1 billion’ in Singapore deals in the past 16 months

CICT is partially funding the mega Paragon purchase by simultaneously selling Asia Square Tower 2 to Malaysia’s IOI Properties for roughly S$2.5 billion.
COMMENTARY

The Paragon paradox: CapitaLand’s upscale retail mall scoop is a win – but for whom?

Just a year ago, investors were told that Paragon needed a massive makeover – but that narrative has been flipped entirely