CLI by the Numbers

CLI by the Numbers

  • S$83 .0B

    FUM

  • S$119 .0B

    RE AUM

  • 128.5 K

    Lodging units under management

  • S$11.3 B

    YTD 2021 Capital Recycled

GLOBAL PLAYER WITH STRONG ASIAN PRESENCE

CapitaLand Investment’s footprint spans more than 200 cities in over 30 countries, with long-standing presence and real estate experience in core markets of Singapore, China and India.

Notes:

  1. Includes Industrial, Logistics, Business Parks and Data Centres 
  2. Includes Multi-family 
  3. As at 30 Jun 2021 
  4. As at 30 Jun 2021. Includes residential strata FUM, which comprises 1.3% of total FUM 
  5. As at 30 Jun 2021. Excludes residential strata FUM, which comprises 1.3% of total FUM 

Lodging Units under Management

CLI’s lodging portfolio is focused in the longer-stay segment and well-diversified geographically. More than 80% of the total units within the portfolio are under asset-light management contracts and franchise deals.

Real Estate Platform Operating Platform
REIT/fund TAL Franchised 3rd Party Managed Leased Total
Singapore 1,555 - 172 2,005  307 4,039
SE Asia & Australasia (ex SG) 5,624 1,424  12,160 27,028 161 46,397
China 1,066 200 - 32,206 - 33,472
North Asia (ex CN) 3,196 - 342 884 649 5,071
Europe 3,582 478  878 823 821 6,582
Others 1,004 717 210 4,378 - 6,309 
Serviced Apartments 16,027  2,819 13,762 67,324  1,938 101,870
Longer-stay Properties1 2,358  433 - 1,655 33 4,479
TAUZIA - - 186 20,100 - 20,286
Subtotal 18,385 3,252 13,948 89,079 1,971 126,635 
Synergy - - - - - 1,865
128,500

Note: The figures in the table above are as at 21 July 2021

1

Comprising 4,049 corporate leasing / rental housing units, and 430 student housing units with 1,203 beds

DISCIPLINED CAPITAL RECYCLING

CLI believes in disciplined capital recycling across the Group to ensure relevance of the overall portfolio and to unlock value. Our target – a gross amount of S$3 billion annually, to be collectively executed via CLI and our sponsored vehicles. 

2021 Capital Recycling Progress

  • S$3 ,598.7 M

    Gross Investment1

  • S$11 ,268.2 M

    Gross Divestment1

Note:

  1. As at 12 August 2021. Transactions announced prior to the listing of CLI relate to assets which were allocated to CLI post restructuring. Values are based on agreed property value (100% basis) or purchase consideration (for investments)/sales consideration (for divestments) 
  • The two-storey Croydon is a colocation data centre located in London. London is the largest and most mature colocation data centre market in Europe

  • A Portfolio of 11 Data Centres Across Europe

    Ascendas Reit completed the acquisition in March 2021 for S$904.6M.

    The data centres are well-located in Tier 1 cities such as London in UK, Amsterdam in The Netherlands, Paris in France and Geneva in Switzerland.


  • Artist’s impression of the joint development of student accommodation in South Carolina, USA by Ascott, ART and a third-party partner

  • Development of Student Accommodation in South Carolina, USA

    A freehold student accommodation jointly invested and developed by The Ascott Limited (Ascott), Ascott Residence Trust (ART) and a third-party partner for US$109.9M (S$146.2M).

    The 678-bed student accommodation will serve over 35,000 undergraduate and graduate students from the nearby University of South Carolina (USC).

    Construction of the student accommodation asset is scheduled to start in 3Q 2021 and is expected to complete in 2Q 2023.


  • Artist’s impression of Somerset Metropolitan West Hanoi in Vietnam

  • livelyfhere Gambetta Paris in France and Somerset Metropolitan West Hanoi in Vietnam

    Ascott has entered into two agreements to acquire two properties in Paris, France and Hanoi, Vietnam for about S$210 million through Ascott Serviced Residence Global Fund.

    The acquisition in Paris is a 139-unit freehold asset which will be refurbished to introduce Ascott’s first coliving property in Europe under the lyf brand.

    The acquisition in Hanoi is the 364-unit Somerset Metropolitan West Hanoi in Hanoi’s new Central Business District.

  • Clockwise: Raffles City Hangzhou, Raffles City Changning and Raffles City Ningbo are part of the six Raffles City Developments

  • Partial stakes in six Raffles City developments in China

    CapitaLand entered into an agreement to divest partial stakes in six Raffles City developments in China to Ping An Insurance Company in June 2021, for an agreed portfolio value of RMB46.7 billion (S$9.6 billion).

    Post-transaction, CapitaLand’s stakes which is currently held by CLI continue to retain an effective stake of 12.6% to 30% in each development.

    Under its signature “Raffles City” trademarks, CapitaLand will continue to provide asset management services for these developments and earn fee income.


  • 75% Stake in Galaxis, Singapore divested to Ascendas Reit

  • Remaining 75% interest in Galaxis

    In May 2021, CapitaLand divested its full stakes in Galaxis to Ascendas Reit at S$534.4 million.

    Besides unlocking value for CapitaLand, this transaction has enlarged Ascendas Reit’s business space portfolio in Singapore by 18% (as at 30 June 2021).


  • From top: Olinas Mall and Seiyu & Sundrug Higashimatsuyama in Greater Tokyo in Japan

  • Two retail malls in Japan

    As part of CapitaLand’s active portfolio management strategy, Olinas Mall and Seiyu & Sundrug Higashimatsuyama were divested for over JPY42 billion (S$520 million), which is above their total valuation.

    With the sale, CapitaLand successfully exited the retail sector in Japan which it considers to be non-core to its business. Instead, CapitaLand will continue its strategic pivot by reinvesting the proceeds into new economy assets like logistics that have more significant growth prospects.