CapitaLand

Jonathan Yap, CEO of CapitaLand Development, kept The Straits Times senior columnist Ravi Velloor 𝙄𝙣 𝙂𝙤𝙤𝙙 𝘾𝙤𝙢𝙥𝙖𝙣𝙮 at J’den show suite on a sunny afternoon in August.   They chatted on a wide range of topics, including CLD’s genesis in 2021 as the development arm of CapitaLand Group with a focus on development projects. They also covered the exciting opportunities in #JurongLakeDistrict where J’den is located; the multi-phase transformation of #SingaporeSciencePark including the upcoming Geneo life sciences and innovation cluster and the park’s first residential project; as well as the #realestate outlook for CLD’s core markets Singapore, China and Vietnam.   Read Ravi’s conversation with Jonathan at: https://lnkd.in/gBGYxTNe and visit capitalanddevelopment.com for the latest updates from CLD.   #CapitaLandDevelopment #DeveloperOfChoice

💭 Tze Wooi Tan CFA, CEO of CapitaLand China Trust (#CLCT), shared his perspective on organic opportunities that can be captured in #China’s real estate industry and engaged with stakeholders at a dynamic panel discussion organised by The Edge Singapore. He talked about how CLCT will continue to focus on driving asset performance and optimising its portfolio, highlighting the strong performance of its retail malls that have completed AEI. CLCT will prioritise increasing occupancy of its business parks and logistics assets. He touched on challenges and opportunities in the current macroenvironment in China, noting the importance of diversifying fundraising opportunities and capitalising on favourable onshore interest rates to strengthen its balance sheet. CLCT is committed to proactively position itself to align with China’s economic priorities to deliver sustainable returns to its stakeholders across different market cycles. #REITs #Growth

What do a laptop 💻, an iPhone 📱 and the award-winning TV series #HouseoftheDragon🐉 have in common? A little-known fact is that they all likely had parts produced in CapitaLand India Trust’s (CLINT) business parks in India. Gauri Shankar Nagabhushanam, CEO of CLINT, shared this fun fact at The Edge Singapore's REITs Investment Forum 2024 recently. Counting Applied Materials India, Pegatron and Warner Bros. Discovery among its tenants, CLINT, which has a diversified portfolio comprising 10 IT parks, four industrial and logistics facilities, and four data centres, is seeing high occupancy of 96%. With a global shift of manufacturing and the hunt for talent, multinational corporations are now turning their attention to India and setting up base in the country. Shedding light on CLINT’s formula for success, Gauri highlighted CLINT’s unique forward purchase strategy, its ability to transform outdated buildings into modern, Grade A assets, its strong leasing teams and focus on green initiatives. Success stories include the redeveloped International Tech Park Hyderabad – Block A, which has driven substantial growth in valuation and revenue and attracted top-tier global tenants such as Bristol-Myers Squibb India Pvt. Ltd. and EY. International Tech Park Chennai, which was impacted by the COVID-19 pandemic, is now outperforming the revenue generated pre-pandemic, following a series of initiatives by the leasing team to boost rental revenue and asset value. Click for more details on why Singapore’s largest India-focused business trust is best positioned to help investors access the India market: https://bit.ly/WhyCLINT

WATCH: In an interview with CNBC, CapitaLand Investment’s (CLI) Group CFO, Paul Tham, discussed the company’s 1H 2024 results, highlighting key performance and the progress made towards becoming ‘asset-light’ following its restructuring. Paul also shared that capital from asset recycling and divestments will be strategically reinvested into seeding new funds and driving inorganic growth through M&A, further enhancing CLI’s fee-income businesses.  🎥 Catch Paul’s interview with CNBC here: https://cnb.cx/3YNflJr

🌍 Last week, nearly 2,000 colleagues came together in person and online for a global staff communication session following the release of CapitaLand Investment’s (CLI) financial results for the period ended 30 June 2024. Our Group CEO, Chee Koon Lee and members of our Senior Leadership Council, including Group COO Andrew Lim, CFA MBA, Group CSO and CEO, Commercial Management China & Southeast Asia Ervin Yeo, CEO of Lodging & Ascott Kevin Goh, Group CCO Ley Hoon QUAH and Senior Executive Director Manohar Khiatani shared their insights on #CLI’s vision and strategy to become a globally competitive real asset manager with international reach. Various business units shared their updates and initiatives, emphasising collaboration as the key to success and the importance of technologies such as AI for efficiency and growth. As CLI continues to expand its business verticals, global partnerships, our cultural beliefs at work, and teamwork remain at the heart of our success – exemplified by the commercial agreement between The Ascott Limited and Chelsea Football Club. Our vision of becoming a leading global real asset manager also spells our commitment to fostering innovation, taking ownership of our work, and leveraging our strong operating capabilities.  

CapitaLand Investment’s (#CLI) CEO for Lodging, Mr Kevin Goh, spoke with Bloomberg on how The Ascott Limited (Ascott), CLI’s wholly owned lodging business unit, continues to leverage its asset-light business model to accelerate its global expansion. Ascott has achieved exponential growth, doubling its units every five years since 2008. It remains on track to achieve its target of more than S$500 million in fee revenue by 2028; deepening its contribution to CLI’s fee-income related business. He also highlighted how Ascott’s flex-hybrid model allows it to capture lodging demand for both long and short stays. This enables Ascott to remain resilient in markets like China, while capitalising on growth opportunities in Europe and Japan. Catch the full interview: https://lnkd.in/gm7Px2sf The Ascott Limited Avril Hong Paul Allen #TheAscottLimited #AscottUnlimited #Growth

We’re delighted to highlight CapitaSpring as a case study of sustainable urbanisation at the Urban Land Institute (ULI) Global Development Showcase earlier this month. Held during Urbanity, the annual flagship conference in Australia hosted by The Urban Developer, the Showcase celebrates global award-winning projects recognised by ULI. CapitaSpring was one of the outstanding #realestate development projects named at the ULI Asia Pacific Awards for Excellence in 2023.   Moderated by Andrew Coward, ULI Sydney District Council Chair and ULI National Councillor, Giovanni Cossu, Head of Sustainability, and Gregory Yueh Shian Chua, Deputy Head of Project Development & Management, represented #CapitaLandDevelopment to share about CapitaSpring virtually. Apart from offering flexible, #sustainable and tech-enabled workspaces, the 280-metre-tall tower seamlessly integrates commercial and social spaces such as a serviced residence, retail, F&B, and public areas. Together with community engagement and space programming initiatives, CapitaSpring creates a vibrant work-live-play community in the heart of Singapore’s Central Business District.   ULI Australia

🎉 We are thrilled to announce the launch of #CLI Japan website! With just a few clicks, you can now browse through the wide portfolio of assets we have in Japan, along with a wealth of relevant information and insights – all consolidated in one virtual stop for you. From offices, logistics, lodging, and self-storage assets across nine cities in Japan, our website is your pocket tool for investment and asset management opportunities. Ready to start your journey? Visit https://lnkd.in/gcBydmuQ (English Language) and https://lnkd.in/gkBqjU5g (Japanese Language) to find out more about #CapitaLandJapan!

Terence Teo’s remarkable 15-year journey from Management Executive to Vice President of #CapitaLand Investment's Portfolio Management Team is a testament to his dedication and professional growth. He has transitioned from project management to investment and asset management throughout his career. An overseas secondment in China further broadened his global perspective and sharpened his strategic acumen. Today, Terence manages CapitaLand Ascendas REIT's high-specification industrial portfolio, focusing on optimising Unitholder returns. His success is driven by a relentless pursuit of excellence, a passion for real estate, and an adaptability that transforms challenges into opportunities. Terence consistently demonstrates a strong sense of ownership, creating #momentsthatmatter throughout his career. Join us on a path to success! Explore our career opportunities by visiting our careers page at https://lnkd.in/gsgKw5rS. #LifeatCapitaLand #CareersatCapitaLand #CLI

🔬🤝 We’re pleased to partner NSG BioLabs on its fourth facility in the Geneo life sciences and innovation cluster at #SingaporeSciencePark. Combining CapitaLand’s real estate expertise with NSG BioLabs’ deep experience and networks in the biotech ecosystem, this collaboration will create Southeast Asia’s largest co-working laboratory space at approximately 35,000 square feet (sq ft) and will bring NSG BioLab’s total size to more than 70,000 sq ft. This partnership marks an exciting development for Geneo as we introduce #biotech co-working lab space to support the growth of the #lifesciences and deep tech companies in Singapore. From developing pioneering products to fostering industry engagements, Geneo is set to become a key driver of #innovation and collaboration in Singapore's thriving biotech ecosystem. Jointly developed by #CapitaLandDevelopment and CapitaLand Ascendas REIT (#CLAR), Geneo comprises three properties with five state-of-the-art buildings that will offer about 1.94 million sq ft of gross floor area with work-live-play elements when fully completed in 2025. Peet Mun Chew Daphne Teo