Advertisement
Private equity has played a significant role in shaping Indi...
In today’s real estate landscape, fitness is often treated...
In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
Singapore-based CapitaLand Investment has secured a SGD 2.4 billion (USD 1.9 billion) mandate from Income Insurance to manage the insurer’s directly held real estate portfolio. The mandate covers retail, commercial and industrial assets held both directly and through joint ventures. The assignment strengthens CapitaLand Investment’s role as a key manager for institutional capital in Singapore and supports its broader strategy of expanding across Asia Pacific. The development comes alongside strong transaction activity in 2025 and the current year, reflecting continued capital recycling across asset classes and active deal flow in the region.
CapitaLand Investment has been awarded a SGD 2.4 billion (USD 1.9 billion) real estate mandate by Income Insurance to oversee the insurer’s direct property holdings. The portfolio includes a mix of retail, commercial, and industrial assets that are held directly as well as through joint venture structures. Advertisement
The mandate will see CapitaLand Investment managing the existing Singapore-based assets while also working on improving their performance over time. Alongside this, the company will evaluate and pursue new investment opportunities for Income Insurance across the Asia Pacific region, aligning with broader institutional investment strategies in the region.
The real estate asset manager noted that this mandate adds to more than SGD 12.1 billion in transactions recorded in Singapore in 2025 and in the current year to date, indicating continued momentum in deal activity. This activity has been supported by ongoing capital recycling across different asset classes, with investors actively repositioning portfolios.
In related developments reported earlier this week, CapitaLand Integrated Commercial Trust agreed to divest Asia Square Tower 2 for SGD 2.5 billion while simultaneously moving ahead with the acquisition of Paragon for SGD 3.9 billion. In a separate transaction last month, CapitaLand Ascendas REIT, along with a sovereign wealth fund partner, acquired the Ascent business space property for SGD 490 million.
Commenting on the mandate, Andrew Lim, group chief operating officer at CapitaLand Investment and chief executive officer for real estate and private funds, stated that the level of investment activity reflects strong confidence from capital partners in the firm as a trusted investment manager. His remarks highlighted the ongoing institutional interest in CapitaLand Investment’s platform and capabilities in managing diversified real estate portfolios.
Source Reuters
For more similar or related stories, you can check the links below.
https://propnewstime.com/getdetailsStories/MjkzMzU=/capitaland-trust-to-sell-asia-square-tower-2-and-acquire-paragon-in-major-singapore-property-deal
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
