CapitaLand

CapitaLand Integrated Commercial Trust (#CICT) continues to unlock value in its portfolio through the divestment of CapitaSpring’s serviced residence component at an agreed property value of S$280.0 million. The divestment of the serviced residences located in Raffles Place, Singapore aligns with CICT’s proactive portfolio reconstitution to optimise returns for its unitholders. Estimated net proceeds from the divestment is approximately S$37.8 million and the exit yield is approximately 3.6%. The divestment is expected to be completed by the second quarter of 2025. Read on: bit.ly/CSSRdivt #capitalrecycling #portfolio #REITs Choon Siang Tan

#CapitaLand is honoured to be named one of Singapore’s Best Employers in 2025! As we celebrate our 25th anniversary, this recognition by Statista is a testament to our unwavering commitment to building an exceptional workplace. Our people have always been the driving force behind our success. We invest in their growth, celebrate their wins, and foster a culture of innovation and ownership that keeps us moving forward. To our incredible team members: thank you for making CapitaLand what it is today! To explore careers at CapitaLand, visit: https://bit.ly/3WeBPhY #LifeAtCapitaLand #CareersAtCapitaLand #ShapingTheFuture

CapitaLand Investment’s (CLI) wholly owned lodging business unit The Ascott Limited (Ascott), is accelerating the global growth of its eponymous flagship brand, Ascott, under the company’s newly unveiled multi-typology strategy. The Ascott brand has continued its strong momentum in 2024 with three additional signings in the first four months of 2025, totalling over 80 properties with more than 17,400 units across 43 cities. The three Ascott-branded properties added in 2025 are 𝘼𝙨𝙘𝙤𝙩𝙩 𝙊𝙧𝙩𝙞𝙜𝙖𝙨 𝙈𝙖𝙣𝙞𝙡𝙖 in the Philippines, 𝘼𝙨𝙘𝙤𝙩𝙩 𝙎𝙝𝙚𝙣𝙩𝙤𝙣 𝙒𝙖𝙮 𝙎𝙞𝙣𝙜𝙖𝙥𝙤𝙧𝙚 as well as the first Ascott property in Wenzhou, China. In 2024, signings were secured in Nanjing, Shenzhen, Suzhou, Wuhan and Wuxi, with 𝘼𝙨𝙘𝙤𝙩𝙩 𝙓𝙪𝙖𝙣𝙬𝙪 𝙇𝙖𝙠𝙚 𝙉𝙖𝙣𝙟𝙞𝙣𝙜 opening the same year it was signed, contributing fee-income to CLI. The brand also entered Batam, Indonesia with the signing of 𝘼𝙨𝙘𝙤𝙩𝙩 𝘽𝙖𝙩𝙖𝙢, and Nairobi, Kenya in East Africa. A notable milestone in this expansion is Ascott’s first branded residence, 𝘼𝙨𝙘𝙤𝙩𝙩 𝙍𝙚𝙨𝙞𝙙𝙚𝙣𝙘𝙚𝙨 𝘽𝙖𝙩𝙪 𝙁𝙚𝙧𝙧𝙞𝙣𝙜𝙝𝙞 𝙋𝙚𝙣𝙖𝙣𝙜 in Malaysia, set to launch for sale this year. Kevin Goh, CEO for CLI Lodging and Ascott, said: “Ascott’s flex-hybrid operating model is now with a multi-typology brand strategy. The core strength of the flex-hybrid model lies in its dual capability to serve transient, short-stays as well as extended, long-stay demand from a single operational framework. This competitive edge enables Ascott to respond dynamically to demand shifts not just by length of stay, but also by owner and guest profiles, and location offerings.” Bee Leng TAN, Ascott’s Chief Commercial Officer, said: “Guided by our brand promise to empower our loyal guests to ‘Stay Your Way’, this multi-typology strategy offers tailored global living solutions to address the diverse travel needs of our guests… More than an operationally adaptive strategy to ensure we deliver a consistent and high-quality brand experience worldwide, it is also a revenue-centric model to extend our market reach and enhance our strategic resilience through yield management and distribution efficiencies.” To learn more about Ascott’s expansion and new multi-typology strategy, visit: https://bit.ly/3GwiJ4i The Ascott Limited #Ascott #Hospitality

CapitaLand Investment (#CLI) reported S$281 million in fee income-related business (FRB) revenue in 1Q 2025, up 3% year-on-year (YoY). Real estate investment business (REIB) revenue declined 6% YoY on a like-for-like basis to S$242 million, after adjusting for the deconsolidation of CapitaLand Ascott Trust (CLAS) in both periods following CLI’s divestment of a 4.9% stake. As at 31 March 2025, CLI’s total revenue stood at S$496 million. Despite a volatile environment, CLI remains disciplined in executing its strategy. In April 2025, it submitted an application for the listing of CapitaLand Commercial C-REIT (CLCR), the first international-sponsored China REIT. In total, CLI has raised S$1.1 billion in YTD 2025. CLI also continues to make investments in key sectors including lodging and living, wellness and self-storage, private credit, logistics, industrial, special opportunities, and data centre – aligned with the key thematics of demographics, disruption and digitalisation. Looking ahead, CLI remains committed to driving growth by executing its strategic priorities. It will continue to leverage its strong balance sheet as a strategic asset and seek opportunities for growth through M&A and key partnerships that will complement and add significant value to the business. For more info, visit: https://bit.ly/CLI1Q2025

In celebrating #CapitaLand25, we reflect on the importance of giving back to society. Through #CapitaLandHopeFoundation (CHF), the philanthropic arm of CapitaLand Group, we play a role in building resilience in communities where we operate. One of the most meaningful moments was the refurbishment of two CapitaLand Hope Schools in #China in 2005 for the first time. More than just bricks and mortar, it was about laying the foundation for brighter futures, one classroom at a time. CapitaLand Lancang Hope School and CapitaLand Simao Hope School in Yunnan were completed shortly after the establishment of CHF, symbolising our dedication to enhancing education, health, and well-being in local communities. These school refurbishments are part of our efforts to improve the social mobility of children and youth through access to learning. Since then, CHF has grown to support over 200 initiatives for children, youth, and seniors, and continues to empower lives, champion volunteerism, and create meaningful impact. #EnrichingLives #UpliftingCommunities #BuildingResilience #Philanthropy #CSR

“We aim to build a company with truly global reach and capabilities. As a home-grown company from Singapore, it’s a great joy to have built a strong international track record and reputation.” CapitaLand Investment’s (#CLI) Group CEO, Chee Koon Lee spoke with The Business Times about CapitaLand Group’s transformation from a Singapore-focused developer into a global real asset manager and shared insights on CLI’s global growth strategies. From its plans to launch its first real estate investment trust in China to growing third-party asset management strategically, CLI is leveraging its 30-year expertise in China to accelerate its expansion. CLI is also making big moves in India, where it also has 30 years of experience and continues to strengthen its position as the most diversified real asset player in India. In other parts of Asia Pacific, Chee Koon highlighted opportunities for growth in sectors such as self-storage and private credit. For the full story, read: https://bit.ly/CLIBT1 Look out for our next post for more on Chee Koon’s interview with The Business Times. Thank you Jessie Lim for the feature #Interviews #Investment #China #India

We had the pleasure of hosting C-suite and key decision makers from our tenant community at Centre of The Universe (C.O.T.U) for the CapitaLand Leadership Series: Strategy in the Age of Digital Disruptions last Thursday. The space – a first of its kind in Southeast Asia – offered a bold and inspiring backdrop for meaningful conversations around strategy, AI and digital transformation. A heartfelt thank you to our keynote speaker, Zia Zaman, General Manager of Business Development & Ventures, Microsoft Asia, who delivered a compelling perspective on navigating digital disruptions. We would also like to thank our panellists, Joey Tan, Strategic Initiatives and Business Development, Microsoft Singapore, Sheheryar Waseem, Regional Head Martech, Consumer Banking Group and Wealth Management, DBS Bank, Ervin Yeo, Group Chief Strategy Officer and Chief Executive Officer, Commercial Management, CapitaLand Investment (#CLI), along with our moderator Yi-xun Tan, CFA, Head, Asset Management (CLAR), Commercial Management Singapore, CLI, for sharing their insights. At CLI, we are committed to fostering continuous learning and connection through platforms like the Leadership Series. Together, we hope to equip our community with the tools to thrive in the digital era. Thank you to everyone who joined us – we look forward to continuing this journey of growth and collaboration. #CapitaLandInvestment #LeadershipSeries #DigitalTransformation #Innovation #AI #FutureReady

At CapitaLand Investment’s (#CLI) Annual General Meeting today, Group CEO Chee Koon Lee and the management team provided an overview of CLI’s FY2024 performance and outlined our growth strategy as a leading global real asset manager. Together with the Board of Directors, they also addressed shareholders’ questions. We are pleased to share that all resolutions were passed with strong shareholder support. This includes the approval of a first and final dividend of S$0.12 per share, and the distribution of CapitaLand Integrated Commercial Trust (#CICT) units as distribution in specie – giving shareholders the opportunity to participate in the continued growth of Singapore’s largest real estate investment trust (#REIT). More info on CLI’s AGM 2025 can be found at https://bit.ly/CLIAGM2025.

The exclusive preview of Orchard Heights has been met with incredible enthusiasm, with 98% of the units already booked! The third phase of Sycamore, Orchard Heights is strategically situated in Binh Duong, a province poised to become one of Vietnam’s most vibrant economic and residential epicenters. Homebuyers were drawn to the project’s blend of modern living, luxurious amenities, and unmatched convenience. With 436 units ranging from two-bedroom apartments to duplexes and penthouses, Orchard Heights caters to diverse lifestyles and needs. Mr Wee Hsien Tan, CEO of #CapitaLandDevelopment Vietnam and International, said: “The strong demand for Orchard Heights is a clear indicator of Binh Duong’s burgeoning status as a sought-after destination for both quality living and long-term value creation. Sycamore is more than just a development; it is a cornerstone of our long-term vision for #Vietnam.” The Sycamore master project spans 18.9 hectares and is set to offer 3,500 residential units for about 13,000 residents. The first two phases, The Orchard and Orchard Hill are on track for timely delivery in Q3 2025 and 2026 respectively, underscoring our commitment to bringing this mega project to life. Read more: https://bit.ly/42uyOzY #DeveloperOfChoice

CapitaLand India Trust (#CLINT) highlighted its strong FY 2024 performance and outlined its priorities for 2025 at its Annual General Meeting yesterday. As the first Indian property trust in Asia, CLINT delivered a higher dividend yield of 7.2% and total shareholder return of 6.2% in FY 2024. This performance was driven by strategic acquisitions, development of quality assets, proactive portfolio management, and prudent capital management. 🔎 Key focus for FY 2025: 🔹 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐚𝐧𝐝 𝐚𝐬𝐬𝐞𝐭 𝐫𝐞𝐜𝐲𝐜𝐥𝐢𝐧𝐠, including enhancing the tenant mix and divesting a partial stake in the data centre portfolio to unlock value 🔹 𝐋𝐨𝐰𝐞𝐫 𝐜𝐨𝐬𝐭 𝐨𝐟 𝐝𝐞𝐛𝐭 𝐚𝐧𝐝 𝐭𝐚𝐱 𝐞𝐱𝐩𝐞𝐧𝐬𝐞, including issuing bonds and increasing natural hedge 🔹 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐜𝐨𝐫𝐞 𝐦𝐢𝐜𝐫𝐨-𝐦𝐚𝐫𝐤𝐞𝐭𝐬, including acquiring yield accretive assets via forward purchase agreements 🔹 𝐄𝐱𝐩𝐚𝐧𝐝 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐛𝐚𝐬𝐞 𝐚𝐧𝐝 𝐨𝐮𝐭𝐫𝐞𝐚𝐜𝐡, including engaging institutional investors in new markets as well as retail investors through targeted events For more on CLINT’s AGM, visit: https://bit.ly/CLINTAGM25 Manohar Khiatani Gauri Shankar Nagabhushanam #AGM #REIT #Invest #India