Private Funds

CapitaLand China Opportunistic Partners Programme (CCOP Programme)

CLI established the CCOP Programme with top tier global institutional investors, with a total of S$1.1 billion in equity committed to invest in special situation opportunities in China. The CCOP Programme comprises a S$291 million single-asset fund which has acquired Beijing Suning Life Plaza, and a S$824 million programmatic joint venture (JV) which has acquired a high-quality logistics development in Foshan, Guangdong in the JV’s first transaction.

CapitaLand China Data Centre Partners (CDCP) 

CDCP is a S$530 million data centre development fund that has committed to invest in two hyperscale data centre development projects in Greater Beijing. Upon completion of the projects, CDCP will add approximately S$1 billion to CLI’s funds under management.

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.

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 licence in 2009 as the first foreign real estate asset management company.

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).