CapitaLand Investment - OCBC Investment Research 2025-11-07: Improved Fee Income & Fundraising Momentum

• CapitaLand Investment provided its business update for 3Q25. Cumulatively, its 9M25 revenue came in at S$1,568m, representing a decline of 25% y-o-y. This was largely due to the deconsolidation of CapitaLand Ascott Trust. Excluding this, CapitaLand Investment’s revenue would instead have increased by 3% y-o-y.

Absence of revenue contributions from divested assets.

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -
• There was also positive growth from its Listed Funds Management (+18%) and Lodging Management (+3%) segments, while revenue from Commercial Management was flat.

Robust fundraising momentum with S$3.7b raised by its listed and private funds year-to-date, as at 5 Nov 2025.

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Previous report by OCBC:
2025-08-14 CapitaLand Investment - Still Sowing The Seeds.

Price targets by 2 other brokers at CapitaLand Investment Target Prices.

Listing of research reports at CapitaLand Investment Analyst Reports.

Relevant links:
CapitaLand Investment Share Price History,
CapitaLand Investment Announcements,
CapitaLand Investment Dividend Payout Dates & Corporate Actions,
CapitaLand Investment News