9CI.SI
SGX50SESCapitaLand Investment Limited
Real Estate · Real Estate Services · Singapore
CapitaLand Investment Limited is a leading global real asset manager with a strong Asia foothold. As at 31 December 2025, CLI had 125 billion dollars of funds under management. CLI holds stakes in eight listed real estate investment trusts and business trusts and a suite of private real asset vehicles that invest in demographics, disruption and digitalization-themed strategies. Its diversified real asset classes include retail, office, lodging, industrial, logistics, business parks, wellness, self-storage, data centres and credit. CLI aims to scale its fund management, commercial management and lodging management businesses globally and maintain effective capital management. As the investment management arm of CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand Group's development arm. CLI is committed to growing in a responsible manner, delivering long-term economic value and contributing to the environmental and social well-being of its communities. CapitaLand Investment Limited is headquartered in Singapore. CapitaLand Investment Limited was incorporated in 2002 in Singapore.
www.capitalandinvest.com ↗Shares trade at a premium 83.0× trailing earnings, easing to 17.8× on forward estimates. Profitability shows a net margin of 6.8% and return on equity of 1.2%. Leverage is high at 10.3× net debt/EBITDA. Revenue grew -24.6% year-on-year. It yields 4.8% in dividends. The mean analyst target of SGD3.41 sits 37.0% above the current price (Strong Buy, 15 analysts).
business model
CapitaLand Investment (CLI) is a real estate investment manager created from CapitaLand's 2021 restructuring, operating an asset-light model that manages capital on behalf of listed REITs and private funds. It earns recurring fee income from fund and property management plus returns on its own balance-sheet real estate, and reports in SGD.
revenue segments
Its business lines are Fund Management (fees from listed REITs like CapitaLand Integrated Commercial Trust and CapitaLand Ascendas REIT plus private vehicles), Lodging Management (the Ascott serviced-residence platform), and Real Estate Investment (income and gains from balance-sheet assets). It has stated goals to grow funds under management and scale fee-related earnings.
key dependencies
It depends on funds under management (FUM) growth, capital recycling from balance sheet into managed funds, asset valuations, capital-raising conditions, and the health of its sponsored REITs. Interest rates and property yields strongly influence transaction and fee activity.
competitors
Competitors include global real estate investment managers such as Blackstone, Brookfield, ESR, GLP and Mapletree, as well as other REIT sponsors and lodging operators.
moat
Its moat rests on being one of Asia's largest real estate investment managers, a captive pipeline via sponsored REITs, a large lodging platform, and deep operating capabilities across property sectors and geographies.
risks
Risks include exposure to a weak China property market, dependence on asset valuations and fund inflows for fees, capital-recycling execution, interest-rate sensitivity, and competition for FUM.
Financials & metrics
as of 04 Jul 2026Tap any metric for an explanation.● provider● computedN/A not available from source
Dividends
This company does not currently pay a dividend.
Analyst assessment
as of 04 Jul 2026Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.