Private Funds and Partnerships
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30
Active Unlisted Funds
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S$ 28.7 B
Combined FUM
30 September 2021 -
> 260
Investment & Asset Management Professionals Globally
CLI invests in a variety of unlisted funds in different real estate sectors across the globe. Our strong boots on the ground, especially in Singapore, China and India, allows us to identify and grow off-market opportunities.
What differentiates us?
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We know Asia.
We are one of Asia’s largest REIMs with more than 80% of the real estate assets we manage are in Asia. With more than 35 years of experience in Asia, we know the ins and outs of doing business in Asia.
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We know Real Estate.
CLI has been a dynamic force in real estate since our founding in 2000 as CapitaLand. Our capabilities, depth of experience and scale allow us to pursue growth opportunities across geographies, sectors, and strategies.
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We know what Commitment is.
CLI takes its commitments seriously. Our many business partnerships are built on a strong foundation of loyalty and dependability. Our steadfastness has proven to be an important asset—not only for us, but also our valued business partners.
Flagship Funds
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Raffles City The Bund, Shanghai, China
China-focused Raffles City Funds
Raffles City China Investment Partners III (RCCIP III)
RCCIP III is CapitaLand’s third integrated development private investment vehicle in PRC with a fund size of US$1.5 billion. The fund has invested in Raffles City Shenzhen and Raffles City The Bund.
Raffles City China Income Ventures Limited (RCCIV)
RCCIV was created to develop and invest in CapitaLand’s Raffles City brand of integrated developments. Successfully exited in 2021, after partially divesting our interest in Raffles City Shanghai, Raffles City Beijing, Raffles City Chengdu, Raffles City Ningbo, Raffles City Changning and Raffles City Hangzhou to Ping An Life Insurance. CLI however, retains 12.6% to 30.0% stakes in the divested assets and continues to manage the assets.
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Ascendas-Firstspace Chennai, Oragadam, India
India Logistics Funds
CapitaLand India Logistics Fund II
A S$400 million (INR 22.5 billion) set up to invest in the development of logistics assets in key warehousing and manufacturing hubs in six major cities - Ahmedabad, Bangalore, Chennai, Mumbai, National Capital Region (NCR), and Pune, as well as in emerging markets such as Coimbatore, Guwahati, Jaipur, Kolkata and Lucknow.
Ascendas India Logistics Programme (AILP)
Set up in 2018, the AILP aims to invest in projects in key warehousing and manufacturing hubs in Mumbai, National Capital Region, Pune, Chennai, Bangalore, and Ahmedabad, among others. The programme targets to develop a portfolio of 13 to 15 million sqf of space.
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Korea Data Centre Funds
Korea Data Centre Fund I and Fund II (KDCF I and II)
Set up in 2020 and 2021 respectively, KDCF I and KDCF II are CapitaLand’s first data centre private funds with 100% third-party capital. The funds will invest in two off-market data centre development projects in South Korea. CapitaLand originated and structured the investments for the fund investors and will lead the planning and development of the data centres as well as earn fee income as a fund and asset manager. CapitaLand entered South Korea in 2002 and was granted its asset management license in 2009 as the first foreign real estate asset management company.
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Innov Center, Shanghai, China
Discretionary Funds
CapitaLand Asia Partners I (CAP I)
Set up in 2019, CAP I is CapitaLand’s maiden discretionary private equity fund that allows CapitaLand to make full investment and asset management decisions on behalf of the fund’s capital partners. The fund’s mandate is to invest in value-add and transitional office buildings in Asia’s key gateway cities, specifically Singapore, Shanghai, Beijing, Guangzhou, Shenzhen, Tokyo and Osaka. The fund is currently fully invested in three office buildings, comprising two in Shanghai (namely, Innov Center and Pufa Tower), and one in Singapore (namely, PLUS).