CapitaLand Investment Limited Eyes SGD 15 Billion Investment in India by 2028

CLI to double its current SGD 7.4 billion investment in India, exploring opportunities in renewable energy and real estate private credit.

Real EstateInvestmentIndiaCapitaland Investment LimitedBusiness ParksReal Estate MaharashtraSep 05, 2024

CapitaLand Investment Limited Eyes SGD 15 Billion Investment in India by 2028
Real Estate Maharashtra:CapitaLand Investment Limited (CLI), a global real asset manager, has announced plans to more than double its funds under management (FUM) in India by 2028, up from SGD 7.4 billion (INR 458.8 billion) as of 30 June 2024. This move is part of CLI's global target of achieving SGD 200 billion in FUM by 2028.

CLI's growth strategies in India will be driven by its listed CapitaLand India Trust (CLINT) and private funds. The company will leverage its operational expertise to grow the value of its assets, expand its logistics footprint under its established logistics platform, Ascendas-Firstspace (AFS), and scale up its lodging portfolio through CLI's lodging arm, The Ascott Limited.

CLI has been present in India for 30 years and has established a strong track record in managing a well-diversified portfolio. The company will continue to adopt multi-pronged strategies to expand its business parks portfolio, accelerate development activities, and address the increasing demand for premium office spaces across key metropolitan cities.

In addition to its core business, CLI will explore opportunities to enter adjacent business segments, such as renewable energy and real estate private credit. The company has a captive demand for renewable energy from its tenants across its data centres and business parks, and has already commissioned its first captive solar power plant in Tamil Nadu.

CLI's data centre strategy in India is anchored on a multi-city approach, with four state-of-the-art, sustainable data centres under development across key cities. The company's lodging business under The Ascott Limited will continue to build on its recurring fee income by expanding through management contracts and franchise contracts.

With a strong presence in India, CLI is well-positioned to capitalize on the growth opportunities in the country. The company's 30 years of experience and track record in managing a well-diversified portfolio make it a unique player in the Indian market.

As a long-term investor in India, CLI not only invests in assets but also contributes significantly to the economic development of the country. The company actively reaches out to global corporations and attracts many international players to invest and create good quality jobs in India.

CLI's commitment to India is evident in its growth plans, and the company is confident of achieving its targets. With a strong team and a well-established presence in the country, CLI is poised to play a significant role in shaping India's real estate landscape.

CLI's business parks portfolio in India includes 14 business and IT parks, offering 23.5 million square feet of space strategically located across Bangalore, Chennai, Hyderabad, Pune, Mumbai, and Gurgaon. The company will continue to raise third-party capital through new private funds aimed at greenfield developments and value-added strategies.

In the logistics and industrial segment, CLI will continue to expand its portfolio by seeding new private funds for logistics and through CLINT. AFS will enhance its footprint through joint development agreements and joint venture partnerships, leveraging collaborative efforts to scale its operations efficiently.

CLI's data centre strategy in India is focused on providing high-quality assets to enterprise and hyperscale clients. The company's data centre team provides comprehensive technical expertise and customer solutions across the value chain.

In the lodging segment, CLI's The Ascott Limited will continue to build on its recurring fee income by expanding through management contracts and franchise contracts. The company will seek opportunities to bring new offerings to the country under its suite of award-winning brands.

Overall, CLI's growth plans in India are ambitious and well-planned. The company's commitment to the country is evident in its investment plans, and its strong team and established presence make it a unique player in the Indian market.

CapitaLand Investment Limited (CLI) is a global real asset manager headquartered and listed in Singapore. The company has a strong presence in India and has been investing in the country for 30 years. CLI has a well-diversified portfolio that includes business parks, logistics and industrial assets, data centres, and lodging properties.

Information

India is a strategic market for CLI, and the company has been investing in the country for 30 years. CLI has a well-diversified portfolio that includes business parks, logistics and industrial assets, data centres, and lodging properties. The company's growth plans in India are ambitious and well-planned, and its strong team and established presence make it a unique player in the Indian market.

Frequently Asked Questions

What is CLI's investment plan in India?

CLI plans to more than double its funds under management (FUM) in India by 2028, up from SGD 7.4 billion (INR 458.8 billion) as of 30 June 2024.

What are CLI's growth strategies in India?

CLI's growth strategies in India will be driven by its listed CapitaLand India Trust (CLINT) and private funds.

What are CLI's plans in the renewable energy segment?

CLI will explore opportunities to enter the renewable energy segment, with a focus on providing high-quality assets to enterprise and hyperscale clients.

What are CLI's plans in the real estate private credit segment?

CLI will explore opportunities to enter the real estate private credit segment, with a focus on providing financing solutions to residential construction projects.

What is CLI's presence in India?

CLI has been present in India for 30 years and has established a strong track record in managing a well-diversified portfolio.

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