CapitaLand Financial

CapitaLand Financial is the real estate fund and asset management unit responsible as fund managers for the Group’s eight real estate investment trusts (REITs) and business trusts listed in Singapore and Malaysia – CapitaLand Mall Trust, Ascendas Reit, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust, Ascendas India Trust, CapitaLand Malaysia Mall Trust and Ascendas Hospitality Trust – as well as real estate private funds including discretionary funds. CapitaLand Financial also provides investment management support to the Group.

  • CapitaLand Mall Trust

    CapitaLand Mall Trust

    CapitaLand Mall Trust (CMT) is the first real estate investment trust (REIT) listed on Singapore Exchange Securities Trading Limited (SGX-ST) in July 2002.  At S$8.8 billion as at 31 March 2019, CMT is also the largest retail REIT by market capitalisation in Singapore.  

    CMT owns and invests in quality income-producing assets which are used, or predominantly used, for retail purposes primarily in Singapore.  CMT's 15 quality shopping malls, which are strategically located in the suburban areas and downtown core of Singapore, comprise Tampines Mall, Junction 8, Funan, IMM Building, Plaza Singapura, Bugis Junction, JCube, Raffles City Singapore (40.0% interest), Lot One Shoppers’ Mall, 90 out of 91 strata lots in Bukit Panjang Plaza, The Atrium@Orchard, Clarke Quay, Bugis+, Bedok Mall and Westgate.  As at 31 March 2019, CMT owns 12.5% interest in CapitaLand Retail China Trust, the first China shopping mall REIT listed on SGX-ST in December 2006. 

    CMT is included in several indices. These include the FTSE4Good Index Series (FTSE4Good), iEdge SG ESG Indices, MSCI World Index, FTSE EPRA Nareit Global Real Estate Index Series and FTSE Straits Times Index.  CMT has been affirmed an ‘A2’ issuer rating by Moody's Investors Service, the highest rating assigned to a Singapore REIT.

    CMT is managed by CapitaLand Mall Trust Management Limited, which is a wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia’s largest diversified real estate groups.

    Website:
    CapitaLand Mall Trust

     

  • Ascendas Reit

    Ascendas Reit

    Ascendas Real Estate Investment Trust (Ascendas Reit) is Singapore’s first and largest listed business space and industrial real estate investment trust.  It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002.  As at 31 March 2019, investment properties under management stands at S$11.1 billion, comprising 98 properties in Singapore, 35 properties in Australia and 38 properties in the United Kingdom.  Ascendas Reit’s portfolio includes business and science parks, suburban office properties, high-specifications industrial properties, light industrial properties, logistics and distribution centres, and integrated developments, amenities and retail properties.  These properties house a tenant base of around 1,360 international and local companies from a wide range of industries and activities, including research and development, life sciences, information technology, engineering, light manufacturing, logistics service providers, electronics, telecommunications, manufacturing services and back-room office support in service industries.  Major tenants include Singtel, DSO National Laboratories, Citibank, DBS, Wesfarmers, Ceva Logistics, JPMorgan and A*STAR Research Entities. 

    Ascendas Reit is listed in several indices.  These include the FTSE Straits Times Index, the Morgan Stanley Capital International, Inc (MSCI) Index, the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/NAREIT) Global Real Estate Index and Global Property Research (GPR) Asia 250.  Ascendas Reit has an issuer rating of ‘A3’ by Moody’s Investors Service. 

    Ascendas Reit is managed by Ascendas Funds Management (S) Limited, a wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia’s largest diversified real estate groups.  

    Website:
    Ascendas Reit

  • CapitaLand Commercial Trust

    CapitaLand Commercial Trust

    CapitaLand Commercial Trust (CCT) is Singapore’s first and largest listed commercial real estate investment trust (REIT) with a market capitalisation of approximately S$7.3 billion as at 31 March 2019.  Listed on Singapore Exchange Securities Trading Limited (SGX-ST) since May 2004, CCT aims to own and invest in real estate and real estate-related assets which are income-producing and predominantly used for commercial purposes. CCT’s deposited property is approximately S$11.1 billion as at 31 March 2019 comprising a portfolio of nine prime commercial properties in Singapore and one property in Frankfurt, Germany.  The properties in Singapore are Capital Tower, CapitaGreen, Asia Square Tower 2, Six Battery Road, Raffles City (60.0% interest through RCS Trust), One George Street (50.0% interest through OGS LLP), 21 Collyer Quay (HSBC Building), Bugis Village (returned to the State on 31 March 2019) and CapitaSpring (45.0% interest through Glory Office Trust and Glory SR Trust), an upcoming 51-storey integrated development in Raffles Place.  The property in the Banking District of Frankfurt, Germany is Gallileo (94.9% interest). 

    CCT is included in several indices. These include the Morgan Stanley Capital International, Inc (MSCI) Index, MSCI World ESG Leaders Index, FTSE4Good Index Series (FTSE4Good), the FTSE EPRA Nareit Global Real Estate Index Series, the SGX Sustainability Index and FTSE Straits Times Index.

    CCT is managed by CapitaLand Commercial Trust Management Limited, which is a wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia’s largest diversified real estate groups.

    Website:
    CapitaLand Commercial Trust

  • Ascott Residence Trust

    Ascott Residence Trust

    Ascott Residence Trust (Ascott Reit) is Singapore’s first and largest hospitality real estate investment trust with an asset size of S$5.7 billion. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) since March 2006.  

    Ascott Reit was established with the objective of investing primarily in real estate and real estate-related assets which are income-producing, and which are used or predominantly used as serviced residences, rental housing properties and other hospitality assets. 

    As at 31 March 2019, Ascott Reit’s international portfolio comprises 73 operating properties with 11,430 units in 37 cities across 14 countries in the Asia Pacific, Europe and the USA. 

    Ascott Reit’s properties are mostly operated under the Ascott, Citadines and Somerset brands.  They are mainly located in key gateway cities such as Barcelona, Berlin, Brussels, Guangzhou, Hanoi, Ho Chi Minh City, Jakarta, Kuala Lumpur, London, Manila, Melbourne, Munich, New York, Paris, Perth, Shanghai, Singapore and Tokyo. 

    Ascott Reit is managed by Ascott Residence Trust Management Limited, an indirect wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia’s largest diversified real estate groups. 

    Website:
    Ascott Residence Trust

  • CapitaLand Retail China Trust

    CapitaLand Retail China Trust

    CapitaLand Retail China Trust (CRCT) is Singapore’s first and largest China shopping mall real estate investment trust (REIT), with a portfolio of 11 income-producing shopping malls.  It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) on 8 December 2006.  CRCT was established with the objective of investing on a long-term basis in a diversified portfolio of income-producing real estate used primarily for retail purposes and are located primarily in China, Hong Kong and Macau. 

    CRCT's geographically diversified portfolio of quality shopping malls, with a total gross rentable area of approximately 700,000 sq m, is located in eight Chinese cities.  The malls are CapitaMall Xizhimen, CapitaMall Wangjing, CapitaMall Grand Canyon and CapitaMall Shuangjing in Beijing; Rock Square (51% interest) in Guangzhou; CapitaMall Xinnan in Chengdu; CapitaMall Qibao in Shanghai; CapitaMall Minzhongleyuan in Wuhan; CapitaMall Erqi in Zhengzhou; CapitaMall Saihan in Hohhot and CapitaMall Wuhu (51% interest) in Wuhu.  As at 31 March 2019, CRCT's total asset size is S$3.1 billion, a fourfold increase from the Trust's listing. 

    CRCT’s properties are strategically located in densely populated areas with good connectivity to public transport.  The malls are positioned as one-stop family-oriented destinations housing a wide range of lifestyle offerings that cater to varied consumer preferences in shopping, dining and entertainment.  CRCT's portfolio comprises a diverse mix of approximately 1,600 leases, which include leading brands UNIQLO, Xiaomi, ZARA, Nanjing Impressions, Nike, Sephora, Starbucks and Sisyphe.  

    CRCT is managed by CapitaLand Retail China Trust Management Limited, a wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia's largest diversified real estate groups.

    Website:
    CapitaLand Retail China Trust

  • Ascendas India Trust

    Ascendas India Trust

    Ascendas India Trust (a-iTrust) was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in August 2007 as the first Indian property trust in Asia. Its principal objective is to own income-producing real estate used primarily as business space in India.  a-iTrust may also develop and acquire land or uncompleted developments primarily to be used as business space, with the objective of holding the properties upon completion.  As at 31 March 2019, a-iTrust’s asset under management stands at S$1.9 billion. 

    a-iTrust’s portfolio comprises seven world-class IT business parks and six modern warehouses in India, namely the International Tech Park Bangalore, International Tech Park Chennai and CyberVale in Chennai, CyberPearl, The V and aVance Business Hub in Hyderabad, BlueRidge 2 in Pune and Arshiya warehouses near Mumbai. 

    a-iTrust is structured as a business trust, offering stable income distributions similar to a real estate investment trust. a-iTrust focuses on enhancing shareholder value by actively managing existing properties, developing vacant land in its portfolio, and acquiring new properties. a-iTrust is managed by Ascendas Property Fund Trustee Pte. Ltd.  The trustee-manager is an indirect wholly owned subsidiary of Singapore-listed CapitaLand Limited, one of Asia’s largest diversified real estate groups.

    Website:
    Ascendas India Trust

  • CapitaLand Malaysia Mall Trust

    CapitaLand Malaysia Mall Trust

    CapitaLand Malaysia Mall Trust (CMMT), listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010, is a shopping mall-focused real estate investment trust (REIT) in Malaysia with an income-producing and geographically diversified portfolio of five shopping malls and a complementary office block.  With a market capitalisation of approximately RM2.3 billion as at 31 March 2019, the total asset size of CMMT is about RM4.2 billion. 

    CMMT invests, on a long-term basis, in income-producing real estate which is primarily used for retail purposes in Malaysia.  CMMT’s portfolio of quality assets is strategically located in key urban centres across Malaysia: Gurney Plaza in Penang; three in Klang Valley – a majority interest in Sungei Wang in Kuala Lumpur; 3 Damansara and Tropicana City Office Tower in Petaling Jaya; and The Mines in Seri Kembangan; and East Coast Mall in Kuantan, Pahang.   

    CMMT is managed by CapitaLand Malaysia Mall REIT Management Sdn. Bhd. – a joint venture between Singapore-listed CapitaLand Limited, one of Asia’s largest diversified real estate groups, and Malaysian Industrial Development Finance Berhad (MIDF).

    Website:
    CapitaLand Malaysia Mall Trust

  • Ascendas Hospitality Trust

    Ascendas Hospitality Trust

    Ascendas Hospitality Trust (A-HTRUST) was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in July 2012 as a stapled group comprising Ascendas Hospitality Real Estate Investment Trust (A-HREIT) and Ascendas Hospitality Business Trust (A-HBT).  It was established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of income-producing real estate used predominantly for hospitality purposes, as well as real estate related assets in connection with the foregoing.  A-HTRUST’s well-diversified portfolio is valued at approximately S$1.8 billion as at 31 March 2019.

    A-HTRUST’s portfolio comprises 14 quality hotels, with more than 4,700 rooms, geographically diversified across key cities in Australia, Japan, South Korea and Singapore. The hotels are located in close proximity to central business districts, business precincts, suburban centres, transportation nodes and iconic tourist landmarks. 

    A-HTRUST is managed by Ascendas Hospitality Fund Management Pte. Ltd., the manager of A-HREIT, and Ascendas Hospitality Trust Management Pte. Ltd., the trustee-manager of A-HBT.  The manager and trustee-manager are wholly owned subsidiaries of Singapore-listed CapitaLand Limited, one of Asia’s largest diversified real estate groups. 

    Website:
    Ascendas Hospitality Trust

  • CapitaLand Investment Management

    CapitaLand has a dedicated Investment Management business which explores opportunities with the Group’s business units to grow the discretionary private vehicles platform. As a real estate developer-owner-manager with multi-sector expertise and deep local knowledge of the various markets we invest in, CapitaLand provides our capital partners access to a broad variety of investment opportunities. Further, CapitaLand uses our operational expertise to enhance cash flow, optimise the value of underlying assets and produce long term risk-adjusted returns for our capital partners.


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