CapitaLand#Group structure

In 2005, CapitaLand established CapitaLand Hope Foundation. In 2011, CapitaLand set up CapitaLand Hope Foundation (China) to spearhead new initiatives in China. In 2019, it further expanded its community support by establishing CapitaLand Hope Foundation (India).{{Citation needed|date=April 2025}}

On 12 July 2000, DBS Land (DBSL) and Pidemco Land announced a merger to form a company eventually owning about $18 billion in assets, making it the largest listed property company in Southeast Asia when completed.{{Cite web |last1=Webb |first1=Sara |url=https://www.wsj.com/articles/SB963426538657056510 |title=DBS Land, Pidemco Plan Merger To Create Huge Property Group |website=Wall Street Journal |access-date=7 September 2019 |date=13 July 2000}} Although this followed a new measure imposed by Monetary Authority of Singapore to separate financial and non-financial activities of banking groups on 21 June 2000,{{Cite web|url=https://www.mas.gov.sg/news/media-releases/2000/new-mas-measures-to-separate-financial-and-non-financial-activities-of-banking-groups--21-jun-2000|title=New MAS Measures To Separate Financial And Non-financial Activities Of Banking Groups|date=21 June 2000|website=www.mas.gov.sg|language=en|access-date=9 November 2019}} DBS Bank had already divested most of its investments in DBSL and was holding 5.4% of DBSL, well below the 20% shareholding threshold for non-core banking activities under the new measure.{{Cite web|url=https://www.dbs.com/newsroom/DBS_supports_MAS_Directives_to_limit_Bank_noncore_activities|title=DBS supports MAS Directives to limit Bank non-core activities|date=21 June 2000|website=www.dbs.com|access-date=9 November 2019}} More details of the merged entity were given on 31 July 2000.{{Cite web|url=https://investor.capitaland.com/news.html/id/588704|title=CapitaLand Limited - News - Pidemco Land and DBS Land Announce Senior Management Designates and Set Strategic Targets for Proposed Merged Group|date=31 July 2000|website=investor.capitaland.com|access-date=9 November 2019}} Named as CapitaLand on 6 September 2000,{{Cite web|url=https://investor.capitaland.com/news.html/id/588570|title=CapitaLand Limited - News - Name of Proposed Merged Entity to be CapitaLand|website=investor.capitaland.com|access-date=9 November 2019}} the merger was approved by shareholders on 18 October 2000{{Cite web |url=https://investor.capitaland.com/news.html/id/588573 |title=Pidemco Land to merge with DBS Land to create CapitaLand |website=CapitaLand |access-date=7 September 2019 |date=18 October 2000}} and was thus officially launched on 28 November 2000.

In 2002, CapitaLand's portfolio of REITs expanded to include CapitaLand Ascott Trust,{{Cite web |title=CapitaLand Ascott Trust |url=https://www.capitalandascotttrust.com/ |access-date=2023-11-15 |website=www.capitalandascotttrust.com}} CapitaLand China Trust,{{Cite web |title=CapitaLand China Trust (CLCT) |url=https://www.clct.com.sg/ |access-date=2023-11-15 |website=www.clct.com.sg}} CapitaLand Ascendas REIT, CapitaLand India Trust{{Cite web |title=Home {{!}} CapitaLand India Trust |url=https://www.clint.com.sg/en.html |access-date=2023-11-15 |website=www.clint.com.sg |language=en}} and CapitaLand Malaysia Trust.

On 13 September 2012, CapitaLand announced that it was listed on the Dow Jones Sustainability Asia Pacific Index in recognition of its sustainability efforts. It has been listed on the Index since then.{{cite web|url=https://investor.capitaland.com/newsroom/20120913_183716_C31_58C2A9FC950176E448257A78003422C3.1.pdf|title=CapitaLand recognised as global sustainability leader by Dow Jones Sustainability Index 2012/2013 Singapore|date=13 September 2012|website=CapitaLand|access-date=24 September 2019}}

In 2017, CapitaLand came into controversy when the company attempted to evict the Franses Art Gallery from the Cavendish Hotel in London. CapitaLand acquired the property in August 2012.{{cite web |title=CapitaLand to appear before London courts over dispute with UK art gallery |url=https://www.businesstimes.com.sg/companies-markets/capitaland-appear-london-courts-over-dispute-uk-art-gallery |access-date=29 November 2023 |website=The Business Times|date=5 January 2017 }} The case would go to the Supreme Court of the United Kingdom, which ruled against CapitaLand and upheld Franses Art Gallery's request for a new 15-year lease.{{cite web |title=S Franses Ltd v Cavendish Hotel (London) Limited |url=https://www.franses.com/wp-content/uploads/2018/12/S-Franses-Ltd-v-Cavendish-Hotel-London-Limited.pdf |access-date=29 November 2023 |website=franses.com}}

On 14 January 2019, the Group announced that it would acquire Ascendas-Singbridge, a real estate group, from Temasek Holdings in an S$11B deal,{{Cite web|url=https://www.capitaland.com/international/en/about-capitaland/newsroom/news-releases/international/2019/jan/CapitaLand-ASB-to-create-largest-diversified-real-estate-grp-in-Asia.html|title=CapitaLand and Ascendas-Singbridge in S$11-billion deal to create Asia's largest diversified real estate group|date=14 January 2019|website=CapitaLand|access-date=1 March 2019}}{{Cite web|url=https://www.channelnewsasia.com/news/business/capitaland-to-buy-real-estate-group-from-temasek-for-s-11b-11119288|title=CapitaLand to buy real estate group Ascendas-Singbridge from Temasek in S$11b deal|date=14 January 2019|website=Channel NewsAsia|access-date=1 March 2019|archive-date=23 September 2020|archive-url=https://web.archive.org/web/20200923074123/https://www.channelnewsasia.com/news/business/capitaland-to-buy-real-estate-group-from-temasek-for-s-11b-11119288|url-status=dead}}{{cite web|url=https://www.straitstimes.com/business/companies-markets/capitaland-to-buy-temasek-unit-ascendas-singbridge-in-11b-deal-creating|title=CapitaLand to buy Temasek unit Ascendas-Singbridge in $11b deal, creating Asia's biggest diversified real estate group|date=14 January 2019|website=The Straits Times|access-date=7 June 2019}} which was completed on 30 June 2019.{{cite web|url=https://www.straitstimes.com/business/companies-markets/capitaland-completes-11b-acquisition-of-ascendas-singbridge-from-temasek|title=CapitaLand completes $11b acquisition of Ascendas-Singbridge, to operate as unified entity from July 1|date=30 June 2019|website=The Straits Times|access-date=3 July 2019}} On 3 July 2019, it announced that Ascott Residence Trust (Ascott Reit) and Ascendas Hospitality Trust would be merged into The Ascott Limited, forming Asia's largest hospitality trust with S$7.6b in combined assets.{{Cite web|title=FAQs - Ascott Residence Trust and Ascendas Hospitality Trust enter combination deal {{!}} CapitaLand|url=https://www.capitaland.com/international/en/about-capitaland/newsroom/news-releases/international/2019/jul/faqs-ascott-residence-trust-and-ascendas-hospitality-trust.html|access-date=15 July 2020|website=www.capitaland.com|language=en}}

On 29 September 2020, unitholders of CapitaLand Mall Trust and CapitaLand Commercial Trust voted in favour of the merger of both REITs to form CapitaLand Integrated Commercial Trust, which would become the largest Singapore REIT and one of the largest REITs in the Asia Pacific with an asset base of S$22.4 billion.{{Cite news|date=10 August 2021|title=CapitaLand shareholders vote in favour of restructuring plan|language=en|work=The Straits Times|url=https://www.straitstimes.com/business/companies-markets/capitaland-shareholders-vote-in-favour-of-restructuring-plan|access-date=15 October 2021|issn=0585-3923}}

On 22 March 2021, CapitaLand Group announced the proposed restructuring of its business.{{Cite web |title=CapitaLand proposes restructuring to sharpen business focus and unlock shareholder value |url=https://www.capitaland.com/en/about-capitaland/newsroom/news-releases/international/2021/mar/CL-proposes-restructuring-to-sharpen-business-focus-and-unlock-shareholder-value.html |access-date=2023-11-15 |website=www.capitaland.com |language=en}} With the restructuring, the Group formed two entities – CapitaLand Investment (CLI), the real estate investment management business which was listed on SGX-ST on 20 September 2021 and CapitaLand Development (CLD), the privatised property development arm.

On the 20th of September 2021, CLI debuted on the Singapore Stock Exchange under the trading name CapitaLandInvest and stock code, 9CI.{{Cite web |title=CapitaLandInvest Dividend Yield (9CI) |url=https://www.dividends.sg/view/9CI |access-date=2025-02-13 |website=www.dividends.sg}}

On 27 September 2021,{{Cite web |title=Change of names for Ascendas Reit, Ascott Residence Trust and Ascendas India Trust {{!}} CapitaLand |url=https://www.capitaland.com/en/about-capitaland/newsroom/news-releases/international/2022/sep/Unified-Branding-of-CapitaLand-REITs-and-Business-Trusts.html |access-date=2023-11-15 |website=www.capitaland.com |language=en}} CapitaLand announced the change of names of Ascendas Real Estate Investment Trust, Ascott Residence Trust and Ascendas India Trust under one unified CapitaLand brand. Ascendas Real Estate Investment Trust was renamed to CapitaLand Ascendas REIT. Ascott Residence Trust was renamed to CapitaLand Ascott Trust. Ascendas India Trust was renamed to CapitaLand India Trust.

CapitaLand Ascendas REIT brought its London data centre footprint to five in 2023 by buying the 31MW Chess Building data centre from Digital Realty for £125.1m ($159m).{{Cite web|lang=en|url=https://www.datacenterdynamics.com/en/news/capitaland-buys-digital-realty-data-center-in-london-uk/|title=CapitaLand buys Digital Realty data center in London, UK|website=DCD|access-date=2024-03-25|archive-date=2023-12-09|archive-url=https://web.archive.org/web/20231209020155/https://www.datacenterdynamics.com/en/news/capitaland-buys-digital-realty-data-center-in-london-uk/}}

In March 2024, CapitaLand India Trust acquired an industrial property from developer Nalanda Shelter Private in the Indian state of Pune for 7.73bn Indian rupees (€86m).{{Cite web|lang=en|url=https://realassets.ipe.com/news/capitaland-india-buys-inr77bn-industrial-asset-in-forward-purchase-deal/10071955.article|title=CapitaLand India buys INR7.7bn industrial asset in forward purchase deal

|website=IPE Real Assets|access-date=2024-03-25|archive-date=2024-03-25|archive-url=https://web.archive.org/web/20240325071756/https://realassets.ipe.com/news/capitaland-india-buys-inr77bn-industrial-asset-in-forward-purchase-deal/10071955.article}}

Also in March 2024, Amsterdam-based Bouwinvest Real Estate Investors invested $75 million for the $600 million CapitaLand Ascott Residence Asia Fund II (CLARA II).{{Cite web|lang=en|url=https://www.mingtiandi.com/real-estate/finance/bouwinvest-commits-75m-to-capitaland-apac-lodging-fund/|title=NETHERLANDS' BOUWINVEST COMMITS $75M TO CAPITALAND APAC LODGING FUND|website=Mingtiandi|date=19 March 2024 |access-date=2024-03-25|archive-date=2024-03-25|archive-url=https://web.archive.org/web/20240325081638/https://www.mingtiandi.com/real-estate/finance/bouwinvest-commits-75m-to-capitaland-apac-lodging-fund/}}

In August 2021, CapitaLand's shareholders voted in favour of the company to restructure its business to form two distinct entities – CapitaLand Investment and CapitaLand Development.

• Listed Funds Management{{Cite web |title=Listed REITs and Business Trusts {{!}} CapitaLand Investment |url=https://www.capitaland.com/en/investment/our-businesses/listed-reits-and-business-trusts.html |access-date=2023-10-24 |website=www.capitaland.com |language=en}} CLI's listed funds business comprises CapitaLand Integrated Commercial Trust, CapitaLand Ascendas REIT, CapitaLand Ascott Trust, CapitaLand China Trust, CapitaLand India Trust, and CapitaLand Malaysia Trust. CLI's listed funds have a total market capitalisation of S$32 billion as at 30 June 2023.
• Private Funds Management had S$29 billion of assets under management as of 30 June 2023.{{Cite web |title=Real Assets Private Funds Management {{!}} CapitaLand Investment |url=https://www.capitaland.com/en/investment/our-businesses/private-funds.html |access-date=2023-10-24 |website=www.capitaland.com |language=en}} CLI's private vehicles include CapitaLand Open End Real Estate Fund, CapitaLand China Data Centre Partners, CapitaLand China Opportunistic Partners Programme, CapitaLand SEA Logistics Fund and Ascott Serviced Residence Global Fund.
• Lodging Management{{Cite web |title=Lodging Management {{!}} CapitaLand Investment |url=https://www.capitaland.com/en/investment/our-businesses/lodging-management.html |access-date=2023-10-24 |website=www.capitaland.com |language=en}} CLI's REIB owns and manages properties globally. Its portfolio includes assets in retail, office, lodging, new economy and integrated developments.{{Cite web |title=Investment Properties {{!}} CapitaLand Investment |url=https://www.capitaland.com/en/investment/our-businesses/investment-properties.html |access-date=2023-10-24 |website=www.capitaland.com |language=en}}

CapitaLand's integrated developments include ION Orchard and The Orchard Residences, Ascott Orchard Singapore and Cairnhill Nine, as well as Raffles City in Singapore. With the opening of Raffles City Singapore in 1986, there are now 10 other Raffles City developments in seven gateway cities in China, including the latest Raffles City The Bund and Raffles City Chongqing. One of CapitaLand's most recently completed developments is CapitaSpring (comprising an office tower and serviced residence), a 280m tall skyscraper in Raffles Place.

CapitaLand holds retail investments in Singapore, China, Malaysia, Japan, Cambodia and Vietnam. In Singapore, its 20 malls include Bedok Mall, Bugis Junction, Bugis+, Funan, IMM, ION Orchard, JCube (defunct), Plaza Singapura, Raffles City Singapore, Westgate, Jewel Changi Airport and Junction 8.{{cite web|url=http://www.straitstimes.com/singapore/changis-jewel-shaping-up-well-for-sparkling-start-in-2019|title=Changi's Jewel shaping up well for sparkling start in 2019|last=Kaur|first=Karamjit|date=21 March 2017|work=The Straits Times}} It owns 46 malls in China, including CapitaMall Xizhimen in Beijing, CapitaMall Hongkou in Shanghai and Raffles City Shanghai, CapitaMall SKY+ in Guangzhou, Suzhou Center, and Raffles City Chongqing. In Malaysia and Japan, it holds investments in Gurney Plaza and Queensbay Mall in Penang, Malaysia; and Olinas Mall in Tokyo.

In June 2019, CapitaLand, partnering with City Developments Limited (CDL), acquired Liang Court from mall operator AsiaMalls, an entity linked to PGIM Real Estate, for S$400 million. Before co-owning the mall with CDL, CapitaLand, via Ascott Residence Trust, owned and managed Somerset Liang Court Singapore, attached to Liang Court mall.{{Cite web|title=CapitaLand, CDL complete S$400m Liang Court mall purchase|url=https://www.citicommercial.com.sg/news/capitaland-cdl-complete-s400m-liang-court-mall-purchase|access-date=21 November 2019|website=citicommerical|language=en}}

In November that same year, CapitaLand sold The Star Vista to co-owner Rock Productions for US$217 million.{{Cite web|date=21 November 2019|title=CapitaLand sells The Star Vista in Singapore|url=https://insideretail.asia/2019/11/21/capitaland-sells-the-star-vista-in-singapore/|access-date=21 November 2019|website=Inside Retail Asia|language=en-US}}

The Ascott Limited, a wholly owned subsidiary of CapitaLand, opened The Ascott Singapore in 1984. In 2006, it established the world's first Pan-Asian serviced residence REIT, Ascott Residence Trust. Today, the company's serviced residence brands include Ascott, Citadines, Oakwood, lyf, Quest, Somerset and The Crest Collection.{{Cite web |title=Our Brands |url=https://www.discoverasr.com/en/our-brands |access-date=2023-01-17 |website=www.discoverasr.com}} It possesses approximately 790 properties.

CapitaLand's commercial spaces include offices and integrated developments across Singapore, China, Germany, Japan and Vietnam. Commercial office buildings in CapitaLand's portfolio include Asia Square Tower 2, Capital Tower,{{ctbuh|id=824|title=Capital Tower}} CapitaGreen,{{ctbuh|id=13978|title=CapitaGreen}} CapitaSpring, Six Battery Road,{{ctbuh|id=2578|title=6 Battery Road}} One George Street and Raffles City Tower in Singapore; Capital Square and Innov Center in Shanghai, China, as well as Main Airport Center and Gallileo in Frankfurt, Germany.

CapitaLand's portfolio of residential developments includes The Interlace,{{Cite news|url=https://www.straitstimes.com/lifestyle/home-design/the-interlace-condo-wins-world-building-of-the-year-at-world-architecture|title=The Interlace condo wins World Building of the Year at World Architecture Festival|last=Natasha Ann Zachariah|date=6 November 2015|work=The Straits Times|access-date=14 August 2018}} d'Leedon, Sky Vue and Sky Habitat. Recent redevelopments include the old Pearl Bank Apartments into the One Pearl Bank,{{Cite web|url=https://www.theonepearlbank.com|title=One Pearl Bank {{!}} One Pearl Bank|access-date=22 May 2020}} which is slated for completion in 2023; as well as CanningHill Piers on the site of the former Liang Court, scheduled for completion in 2025. CapitaLand's homes can be found in Singapore, China, Indonesia, Malaysia and Vietnam. The latest project is the redevelopment of JCube shopping mall into a mixed development with a residential component called J'Den.

CapitaLand has developed a portfolio of 27 data centres across Asia and Europe.{{cite web | title = Global Data Centre Locations | url = https://www.capitaland.com/en/lease/data-centres/locations.html | access-date = 2024-11-07 }} These include facilities in South Korea, Singapore, China,{{cite web | title = CapitaLand Sets Up China Data Centre Development Fund With $750M Beijing Plan | url = https://www.mingtiandi.com/real-estate/data-centres/capitaland-sets-up-china-data-centre-fund/ | access-date = 2024-11-07 }} and India,{{cite web | title = CapitaLand Global Data Centres | url = https://www.clint.com.sg/content/dam/capitaland-media-library/businesspark-industrial-logistics/india/data-centre-factsheet/CLDC%20Factsheet.pdf | access-date = 2024-11-07 }} where it is currently developing data centres in Navi Mumbai, Chennai, Hyderabad,{{cite web | title = CapitaLand Investment to set up 40 MW data centre in Hyderabad | url = https://www.thehindubusinessline.com/news/real-estate/capitaland-investment-to-set-up-40-mw-data-centre-in-hyderabad/article67326270.ece | access-date = 2024-11-07 }} and Bangalore. The company's data centres provide colocation services for various clients, including cloud service providers and large enterprises.

Asia

Europe

{{Reflist}}

{{FTSE STI constituents}}

{{authority control}}

{{DEFAULTSORT:Capitaland}}

Category:Real estate companies of Singapore

Category:Housing in Singapore

Category:Financial services companies of Singapore

Category:Multinational companies headquartered in Singapore

Category:Financial services companies established in 2000

Category:2000 establishments in Singapore

Category:Government-owned companies of Singapore

Category:Temasek Holdings

Category:Companies listed on the Singapore Exchange

Category:Companies in the Straits Times Index

Category:Singaporean brands

Category:Singaporean companies established in 2000