On Apr, 13 2026, CapitaLand Investment Limited announced the final close of its CapitaLand Asia Pacific Credit Program II (ACP II) with total equity commitments of about 403 million Singapore dollars, boosting the group’s funds under management by roughly 750 million Singapore dollars.
ACP II is the company’s second regional vehicle under its flagship real estate credit series and focuses on senior secured, asset-backed loans in developed Asia-Pacific markets. The fund is already allocated to five first-mortgage loans secured by logistics, office and living assets in Sydney and the Seoul Metropolitan Area.
The fund attracted a diversified mix of new and existing investors, including insurers, financial institutions and family offices, while CapitaLand Investment Limited committed 20 percent of the capital as sponsor.
Management highlighted growing demand for flexible, asset-backed financing in the region. Asia-Pacific real estate credit fundraising totalled roughly 14.1 billion Singapore dollars between 2020 and 2024, and real estate-backed lending represents only 6 percent of overall financing in the region compared with 21 percent in Europe and 41 percent in the United States.
CapitaLand Investment Limited and its subsidiary Wingate have deployed more than 10 billion Singapore dollars in credit investments across Asia-Pacific to date. The close of ACP II follows the full realisation of ACP I, a 240 million Singapore dollar vehicle that financed mixed-use projects in Melbourne and Adelaide, and the full deployment of a KRW 180 billion Korea Credit Program focused on Seoul.
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