CapitaLand Investment secures 2.4 billion Singapore dollars mandate from Income Insurance

SGX Filings04-23 19:11

CapitaLand Investment (9CI) announced on Apr, 23 2026 that it has won a 2.4 billion Singapore dollars mandate to manage the direct real estate portfolio of Income Insurance.

The mandate covers retail, commercial and industrial properties in Singapore held directly and via joint ventures by Income Insurance. CapitaLand Investment will manage existing assets and seek additional acquisitions for the insurer across the Asia-Pacific region.

The new appointment extends CapitaLand Investment’s deal momentum in its home market, bringing the value of transactions it has executed in Singapore to more than 12.1 billion Singapore dollars across 2025 and year-to-date 2026. Recent deals include a 490 million Singapore dollars joint purchase of the Ascent business space property with a global sovereign wealth fund, and CapitaLand Integrated Commercial Trust’s divestment of Asia Square Tower 2 for 2.5 billion Singapore dollars alongside its 3.9 billion Singapore dollars acquisition of Paragon.

CapitaLand Investment managed about 200 Singapore properties and had 125 billion Singapore dollars of funds under management as of Dec, 31 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment