CapitaLand Investment raises $950 mln for 3 private funds
Real estate investment trust (REIT) CapitaLand Investment, backed by the Singapore government, has obtained about S$1.3 billion ($950 million) equity commitment from global institutional investors for three of its private funds.
Therefore, its total equity raised to date this year is S$3.2 billion (over $2.36 billion), the Singapore-based trust said on the weekend, adding that the amount raised within eight months is a 28% increase compared with the S$2.5 billion (almost $1.85 billion) of equity raised for the full year 2022.
The new third-party equity comprises S$870 million ($650 million) secured for CapitaLand China Opportunistic Partners Program (CCOP Program), S$134 million ($100 million) for CapitaLand Investment’s flagship regional core-plus fund, CapitaLand Open End Real Estate Fund (COREF), and S$263 million ($197 million) for its new India business park development fund, which is CapitaLand India Growth Fund 2 (CIGF2)
“Our fundraising momentum has picked up pace, successfully raising S$3.2 billion equity to date this year to invest in real estate opportunities across the risk spectrum in Asia,” said Simon Treacy, CapitaLand Investment CEO for private equity real estate.
“This is testament to the trust that our capital partners have in our expertise in the region.
“With the strong investor demand for CCOP Program, COREF and CIGF2, we will continue to grow such scalable fund products and plan to embark on funds focused on value-add opportunities in Asia-Pacific,” he said.
Headquartered and listed in Singapore, CapitaLand Investment, or CLI, is a leading global REIT with a strong Asia foothold. As at 30 June 2023, CLI had S$134 billion (over $98.96 billion) of real estate assets under management, and S$89 billion (nearly $65.73 billion) of real estate funds under management, CLI claims.
CLI and CapitaLand Development (CLD) used to be part of Singapore’s Temasek-backed CapitaLand Group. CLD, a major property developer already present in Vietnam, said last July it was acquiring a mixed-use site of eight hectares in Ho Chi Minh City, Vietnam’s southern economic hub, to develop a project including over 1,100 high-end residential units and shophouses.

An artist's impression of CLD Vietnam's mixed-use project in Thu Duc city, Ho Chi Minh City. Photo courtesy of the company.
This March, CapitaLand showed an interest in acquiring some assets from Vietnam’s biggest listed property firm Vinhomes JSC, part of the country’s largest conglomerate Vingroup.
- Read More
Vietnam's real estate major Hoang Huy aims for record net profit in 2025
Vietnamese property developer Hoang Huy Group targets to earn VND1.6-2 trillion ($61.6-77 million) in 2025 net profit, an all-time high and up 43-78% year-on-year, said deputy CEO Do Huu Hung.
Real Estate - Fri, May 9, 2025 | 11:23 pm GMT+7
Excise tax on sugary drinks needed as soon as possible: Vietnamese finance minister
Minister of Finance Nguyen Van Thang said a tax on sugar-sweetened beverages should have been introduced earlier, warning action cannot wait until the next generation is already facing obesity and related illnesses.
Economy - Fri, May 9, 2025 | 4:35 pm GMT+7
Murphy Oil drills second oil discovery offshore Vietnam
The U.S.-based Murphy Oil has made an oil discovery at the Lac Da Hong-1X (Pink Camel) well in the Cuu Long Basin offshore Vietnam, which is the second discovery in the company's current Vietnam exploration program.
Companies - Fri, May 9, 2025 | 4:09 pm GMT+7
Trade talks with Vietnam 'fruitful': US Trade Representative
U.S. Trade Representative (USTR) Jamieson Greer has described the ongoing trade talks with Vietnam and other countries as “fruitful”, saying “they understand what we're trying to solve for”.
Economy - Fri, May 9, 2025 | 2:48 pm GMT+7
Bien Hoa Consumer, UOB Venture Management sign strategic partnership for sustainable growth
Bien Hoa Consumer Joint Stock Company (BHC), a core subsidiary of TTC AgriS (AgriS, HoSE: SBT), has announced the successful completion of a strategic fundraising round from UOB Venture Management Pte Ltd (UOBVM) managed funds.
Companies - Fri, May 9, 2025 | 2:01 pm GMT+7
Retailers, restaurateurs flee HCMC street spaces as rents bite
A wave of restaurants and retail chains abandoning their street spaces despite healthy business signals relentless retail rent hikes in Ho Chi Minh City, with no end in sight.
Real Estate - Fri, May 9, 2025 | 11:07 am GMT+7
US tariff shock sharply reduces global container shipping orders: Phaata CEO
The tariff shock from the U.S. and China has caused a sharp decline in container shipping orders, forcing businesses to re-evaluate their entire global supply chain strategies.
Economy - Fri, May 9, 2025 | 8:17 am GMT+7
Bac Giang International Logistics Center launched in northern Vietnam
Bac Giang province now has an international logistics center, launched recently by Bac Giang International Logistics Co., Ltd. in Song Khe ward, Bac Giang town.
Southeast Asia - Thu, May 8, 2025 | 11:46 pm GMT+7
Malaysian eyes global hub for advanced chip industry
Malaysia is rapidly emerging as a preferred destination for high-value investments in the semiconductor sector, Prime Minister Anwar Ibrahim said at the launch of the East Coast Rail Link (ECRL) operations and maintenance training program.
Southeast Asia - Thu, May 8, 2025 | 10:53 pm GMT+7
Indonesia faces challenge of boosting labour productivity
Despite being in a demographic golden period, Indonesia continues to struggle with low labor productivity, prompting calls for clear and sustainable reforms.
Southeast Asia - Thu, May 8, 2025 | 10:49 pm GMT+7
Singapore, EU ink digital trade agreement
Singapore and the EU on May 7 signed a landmark Digital Trade Agreement (DTA) to provide greater clarity and legal certainty for consumers and businesses on both sides to transact online more seamlessly.
Southeast Asia - Thu, May 8, 2025 | 10:46 pm GMT+7
Operation of Vietnam's retail giant Petrolimex 'still normal' despite CEO suspension
Petrolimex is operating normally despite the Ministry of Finance's (MoF) recent "temporary suspension" of its CEO Dao Nam Hai, says a corporate representative.
Companies - Thu, May 8, 2025 | 10:02 pm GMT+7
Initiative to position Malaysia as Southeast Asia’s digital hub
Malaysia is positioning itself as Southeast Asia's digital hub through its digital agenda program, a move aligned with the nation's transition towards a high-technology economy.
Southeast Asia - Thu, May 8, 2025 | 5:45 pm GMT+7
Central Vietnam province proposes including geothermal power project in national power plan
Authorities of Binh Dinh province have proposed the Ministry of Industry and Trade include the 15-megawatt Hoi Van geothermal power plant project in the revised National Power Development Plan VIII (PDP8).
Energy - Thu, May 8, 2025 | 4:56 pm GMT+7
Vietnam firms vow to intensify cooperation with US partners, facilitate country trade talks
Major Vietnamese enterprises have committed to intensifying cooperation with U.S. partners from now until June 2025 to realize signed agreements and MoU, paving the way for trade talks with the U.S.
Economy - Thu, May 8, 2025 | 4:19 pm GMT+7
Phu My Fertilizer becomes main sponsor of Vietnam Women’s Volleyball Team
PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo – Phu My) has become the main sponsor of the Vietnam Women’s Volleyball Team, the firm announced in a Wednesday release.
Companies - Thu, May 8, 2025 | 4:15 pm GMT+7