CapitaLand

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CapitaLand Limited
Public
Traded as SGX: C31
OTC Pink: CLLDY
Industry Real Estate, Retail, Residential, Commercial, REITs, Financial Services, Hospitality
Founded Merger between DBS Land & Pidemco Land in 2000
Headquarters Singapore
Key people
  • Ng Kee Choe (Chairman)[1]
  • Lim Ming Yan (President & Group CEO)[2]
AUM S$76.8 billion (2015)[3]
Website CapitaLand Limited
Capital Tower, the fifth tallest skyscraper in Singapore, is the corporate headquarters of CapitaLand.

CapitaLand Limited (Chinese: 凯德集团,SGX: C31, OTC Pink: CLLDY) is a Singapore based real estate company. Formed in November 2000 as a result of a merger of DBS Land and Pidemco Land,[4] it is one of Asia's largest real estate companies headquartered and listed in Singapore. The company leverages its significant asset base, design and development capabilities, active capital management strategies, and extensive market network and operational capabilities to develop high-quality real estate products and services. Its diversified global real estate portfolio totals SGD 78bn,[5] and includes integrated developments, shopping malls, serviced residences, offices and homes. Its two core markets are Singapore and China, while Indonesia, Malaysia and Vietnam have been identified as new growth markets. The company also has one of the largest real estate fund management businesses with assets located in Asia. CapitaLand’s listed real estate investment trusts (REITs) are CapitaLand Mall Trust, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust and CapitaLand Malaysia Mall Trust.

Group structure[edit]

Business Units

Regional Investments

  • Include StorHub and businesses in Vietnam, Indonesia, Japan and others

CapitaLand Investment Management

CapitaLand manages 15 real estate private equity funds and five REITs with assets under management (AUM) worth over S$45 billion. It targets to launch six new funds with total AUM of up to S$10 billion by 2020.

The five REITs are

  • CapitaLand Mall Trust - First and largest REIT by market capitalisation and asset size in Singapore
  • CapitaLand Commercial Trust - Singapore's first listed commercial REIT
  • Ascott Residence Trust - World's first pan-Asian serviced residence REIT
  • CapitaLand Retail China Trust - First China shopping mall REIT in Singapore
  • CapitaLand Malaysia Mall Trust - Shopping mall-focused REIT with an income- and geographically-diversified portfolio

Notable projects[edit]

CapitaLand's portfolio comprises several notable office buildings and shopping malls in Singapore.

Office buildings[edit]

Commercial office buildings developed or owned by CapitaLand include Capital Tower,[6] CapitaGreen,[7] 6 Battery Road,[8] One George Street (with ERGO), and Raffles City Tower.[9]

CapitaLand Malls[edit]

Shopping centres developed and owned by CapitaLand, known as CapitaLand Malls, include Bedok Mall, Bugis Junction, Bugis+, Funan DigitaLife Mall, IMM, ION Orchard (with Sun Hung Kai Properties), JCube, Junction 8 Shopping Centre, Lot One, Plaza Singapura, Raffles City, Tampines Mall and Westgate.[10] CapitaLand is also jointly developing the upcoming S$1.7 billion Jewel Changi Airport complex with the Changi Airport Group.[11]

References[edit]

  1. ^ "Board". CapitaLand. Retrieved 11 May 2016. 
  2. ^ "CapitaLand Management". CapitaLand. Retrieved 11 May 2016. 
  3. ^ "Annual Report 2015" (PDF). CapitaLand. Retrieved 11 May 2016. 
  4. ^ "Corporate Timeline". CapitaLand. Retrieved 11 May 2016. 
  5. ^ "What the digital generation wants from Chinese real estate". World Finance. 17 May 2017. Retrieved 2 June 2017. 
  6. ^ "Capital Tower". CTBUH Skyscraper Database. 
  7. ^ "CapitaGreen". CTBUH Skyscraper Database. 
  8. ^ "6 Battery Road". CTBUH Skyscraper Database. 
  9. ^ "Our Properties". cct.com.sg. 
  10. ^ "CapitaLand Malls". capitalandmallasia.com.sg. 
  11. ^ Kaur, Karamjit (21 March 2017). "Changi's Jewel shaping up well for sparkling start in 2019". The Straits Times. 

External links[edit]