- Singapore is the lone bright spot as China, ADR softness, and fundraising remain key risks. Management targets double-digit fee growth but guides single-digit operating earnings.
Growing fee revenue, offsetting weaker investment income.
- CapitaLand Investment announced that its 1Q26 fee-related revenue rose 10% y-o-y to S$310m, driven by 58% and 14% y-o-y growths in private funds management and listed funds management respectively. This was slightly offset by the real estate investment business (REIB) which saw a 14% y-o-y decline in revenue to S$207m due to the exit of its US corporate housing platform in Aug 25.
- - Read this at SGinvestors.io -
Cautiously optimistic for the rest of 2026 but flagging near-term headwinds.
- - Read this at SGinvestors.io -
- Singapore remains CapitaLand Investment’s one bright spot anchoring its conviction as funds deployment has been selectively paused globally (bar Singapore), lodging ADR is flat-to-soft, and China assets remain a drag due to softer occupancy and rental revisions.
Capital deployment activity robust but fund-raising environment toughening.
- Read more at SGinvestors.io.
