Weak case for consolidation within Temasek's property stable

A RUNDOWN of Temasek Holdings' stakes in the property stable here may raise questions, from time to time, if any consolidation is due.

To answer this question, let's take a look at what they currently hold.

The state investor owns all of Mapletree Investments, which focuses on real estate development, investment, capital and property management. Mapletree has assets under management (AUM) of S$66.3 billion as at Mar 31, 2021.

Property giant CapitaLand Limited (CLL) recently completed its corporate restructuring which split the development and investment businesses. Temasek owns all of the privately-held…

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