CapitaLand Investment has plans to further accelerate geographical diversification in Asia Pacific as well as in Europe and the United States.
According to the release, the firm emphasized that it will drive growth-focused use of its capital to achieve its target of doubling funds under management to S$200 billion ($149 billion) by 2028 and aims to raise operating earnings by over two times to more than S$1 billion ($740 million) by 2028–2030, with 60 percent to 70 percent coming from its four Fee Income–related Businesses (FRB).
FRB growth is expected to be driven by the steady expansion of its REITs platform; accelerated private funds growth; and greater scale in lodging management and commercial management, delivered through a blend of organic expansion, new listings and funds, and mergers and acquisitions (M&A). Optimizing its balance sheet is a strategic priority, and CLI will continue to leverage its capability to deploy capital for growth while maintain
