Operational Statistics Presentation
Fund Management
Note:
Section 3: FY 2020 Operational Highlights
Positioning Listed Vehicles For Greater Scale
CapitaLand
Hands-on approach to ensuring that CapitaLand's investment vehicles are efficiently
structured for growth
·
•
Completed merger of CapitaLand Commercial
Trust and CapitaLand Mall Trust in Nov 2020
CapitaLand
Integrated Commercial
Trust
Singapore's largest REIT and among the largest REITs in Asia
Pacific
CICT will be CapitaLand's primary investment vehicle for
commercial real estate in Singapore and other developed
markets as it becomes the largest proxy REIT in this sector
The merged entity has greater capacity for larger
acquisitions and value-add play - which can include
undervalued opportunities in Singapore as well as accretive
investments in other developed markets
•
Expansion of Investment Strategy
of CapitaLand Retail China Trust in Sep 2020
CapitaLand
China Trust
Renamed CapitaLand China Trust, the REIT is now
CapitaLand Group's dedicated non-lodging China listed.
investment vehicle
CLCT will have a more diversified revenue stream to
build a resilient sector-diversified portfolio that is less
susceptible to adverse changes
With the expansion in mandate in Sep 2020, CLCT
announced ~S$1 billion acquisition of five business parks
and balance 49% interest in Rock Square
Stands to benefit from CapitaLand's plan to grow new
economy assets in China to S$5 billion
1. The acquisition of 51% interest in Ascendas Xinsu Portfolio, 100% interest in Ascendas Innovation Towers and 49% interest in Rock Square were completed on 4 Jan 2021, 10 Feb 2021 and 30 Dec 2020,
respectively.
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