141 views
Photo from CLI

CLI to expand global footprint with new growth focus

The company aims to double its FUM and operation earnings.

CapitaLand Investment Limited (CLI) will expand its footprint across Asia Pacific, Europe, and the US.

The expansion aims to double CLI’s funds under management (FUM) to $200b by 2028 and raise its operating earnings by over two times to more than $1b by 2028 to 2030, with 60% to 70% coming from its four Fee Income-related Businesses (FRB).

CLI will also invest in mergers and acquisitions (M&A) and new growth engines across Asia Pacific as it scales its capabilities and FUM. 

This includes the acquisition of a 40% stake in SC Capital Partners Group (SCCP) for $280m, with plans to acquire the remaining 60% stake in phases over the next five years. CLI will also invest up to $878m to grow FUM in Australia.

In addition, CLI’s investment will focus on three secular trends: Demographics, Disruption, and Digitalisation. Initiatives will include lodging projects, private credit offerings, the reconfiguration of its logistics business, and the expansion of its global data center platform.

“We will rebalance our portfolio to grow our India and Southeast Asia businesses, optimise our China portfolio, leverage M&A to grow in our focus markets of Japan, Korea, and Australia, and look to ex-Asia developed markets such as the US and Europe next,” Lee Chee Koon, Group CEO of CLI said.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

First Resources commits to cooperate amidst haze probe
It welcomes documentary, technical reviews and on-ground verifications by authorities.
Agribusiness
Sea Limited plans to list fintech arm Monee
It will also launch an artificial intelligence-focused enterprise platform.