CapitaLand recognised for business excellence and sustainability by global analysts and investors

Singapore, 19 September 2013 – CapitaLand Limited (CapitaLand) has recently been accorded a series of awards in recognition of the Group’s business excellence and sustainability efforts by leading business and financial publications such as Euromoney, Alpha Southeast Asia Magazine, Institutional Investor, Corporate Governance Report and IR Magazine.

CapitaLand and its shopping mall business, CapitaMalls Asia Limited (CapitaMalls Asia), have been accorded six awards at the Euromoney Real Estate Awards 2013 (Awards) today. Among the awards, CapitaLand won the Best Developer and Best Mixed-Use Developer in Singapore awards, while CapitaMalls Asia bagged the Best Retail Developer in Asia, Singapore and China awards. 

The six Euromoney Real Estate Awards conferred on the Group are as follows: 

  • CapitaLand Limited:             Best Developer in Singapore
  • CapitaLand Limited:             Best Mixed-Use Developer in Singapore
  • CapitaLand Limited:             Best Investment Manager in China
  • CapitaMalls Asia Limited:    Best Retail Developer in Asia
  • CapitaMalls Asia Limited:    Best Retail Developer in Singapore
  • CapitaMalls Asia Limited:    Best Retail Developer in China 

Regarded as the benchmark awards for the global real estate industry, the Euromoney Real Estate Survey is now in its ninth year. This year’s awards process, which began in March, canvassed the opinions of senior real estate bankers, developers, investment managers, corporate end-users and advisory firms in over 70 countries. With over 2,000 responses, it is the biggest ever Euromoney Real Estate Poll.

Mr Harold Woo, Senior Vice President, Investor Relations, CapitaLand Limited, said: “We are honoured to be recognised as a company of choice by global analysts and investors in areas spanning business excellence, corporate governance and corporate social responsibility. These awards demonstrate our efforts to create value for our stakeholders beyond business performance. It is important that our business is both profitable and sustainable.” 

He added: “As a company with a portfolio spanning over 110 cities in more than 20 countries, concerted effort across the Group is required to communicate our strategy and beliefs to the stakeholders in a timely and consistent manner. We will continue to build on our best practices towards continuous engagement with our investors and analysts.” 

Mr Clive Horwood, Editor of Euromoney, said: “The winners of this year’s Euromoney survey are those that exhibited the ability to innovate and make best use of the inherent strengths of their organisation. Key players in real estate banking, development, investment management and advisory services have recognised CapitaLand as a market leader.” 

In July, CapitaLand was conferred the Most Organised Investor Relations, Best Senior Management IR Support, Strongest Adherence to Corporate Governance and Best Strategic Corporate Social Responsibility awards by Alpha Southeast Asia Institutional Investor Corporate Awards 2013. In its third year, the annual poll by Alpha Southeast Asia Magazine garnered votes from more than 470 investors and analysts across Southeast Asia as well as the US and Europe. CapitaLand was also recognised in the Institutional Investor 2013 All-Asia Executive Team rankings, where Mr Arthur Lang, Group CFO, CapitaLand Limited, was placed second (sell-side) for Asia’s Best CFOs (Property) and Ms Narelle Checchin, Manager, Investor Relations, Australand Property Group, was named Best IR Professional (buy-side) for the property sector. The rankings are based on the opinions of 991 buy-side analysts and portfolio managers and 612 sell-side analysts and covered Asia Pacific, excluding Japan. 

In August, CapitaLand won the Corporate Governance Report award for Best Corporate Governance, Singapore, 2013. The Corporate Governance Report Awards recognise leaders and innovators in financial reportage, transparency and shareholder relations. The awards identify organisations that set the standard in internal controls and objectives as well as those that exhibit a thoughtful and progressive attitude towards stakeholder interest. Environmental awareness, ethical behaviour and disclosure serve as the cornerstones of the awards. Voting was invited from users of the Corporate Governance Report site (www.corporategovernancereport.com) across the globe and requested via email and social media engagement to the publication’s 100,000-strong audience. An awards panel, headed by Corporate Governance Report editor Michael McCaw, then reviewed the batch of highest-nominated companies and shortlisted them for each category. Shortlisted companies were then asked to supply additional supporting information to help the panel make its final decision. 

In September, CapitaLand was listed in the IR Magazine Global Top 50 which recognises top performers in investor relations across Southeast Asia, Greater China, the US, Canada, Europe and Brazil. It is the result of six regional awards, in which analysts and investors were surveyed on the best in investor relations in each of the regions over the past year. The researchers have taken into account the different sizes from region to region of both the surveys undertaken and the markets the companies operate in. This was done by using the formula: total regional awards points, divided by the number of survey respondents, multiplied by the total regional market capitalisation.