$CapitaLandInves(9CI.SI)$ has been on an uptrend recently going over the SGD4.00 psychological mark.
CLI is one of Asia's largest Real Estate Investment Managers with SGD122.9 billion of real estate assets under management and SGD86. 2 billion of real estate funds under management.
CLI manages 6 Capitaland Reits. They are Capitaland Integrated Commercial Trust, Ascendas Reit, Ascott Residence Trust, Capitaland China Trust, Ascendas India Trust, and Capitaland Malaysia Mall Trust.
At the latest earnings report CLI has posted a total PATMI of SGD1. 35 billion for FY21 reversing a net loss of SGD559 billion in FY20.
Revenue for FY 21 rose 15.6% year on year to SGD2. 293 billion.
The good news for investors is that CLI has proposed a dividend of 15 cents per share. Ex Dividend date is 5 May 2022.
So by investing in $CapitaLandInves(9CI.SI)$ I gain exposure to 6 Capitaland Reits and with a strong management team, CLI will continue to grow exponentially in the long term.
Go Long Go Strong Go CLI!
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