CapitaLand Investment Limited on Nov, 6 2025 released its 3Q 2025 business update, stating that total revenue for the nine months to Sep 2025 reached 1.568 billion Singapore dollars.
Fee-related revenue climbed to 882 million Singapore dollars, driven by higher event-driven fees from listed funds and contributions from new funds, while real estate investment business revenue fell 12 % year on year to 753 million Singapore dollars following the deconsolidation of CapitaLand Ascott Trust and several asset divestments.
Year-to-date, the group raised 3.7 billion Singapore dollars in equity across its listed and private funds. Private vehicles secured about 2.1 billion Singapore dollars, including progress on Ascott Lodging II, Asia Credit II and India Logistics funds, as well as the closing of China Business Park RMB Fund IV. Listed funds raised 1.6 billion Singapore dollars to support acquisitions and repay debt.
Asset monetisation totalled 2.2 billion Singapore dollars in the period, approximately 30 % of which came from the company’s balance sheet, including the sale of Dalian Ascendas IT Park in China.
On Sep, 29 2025 the company sponsored the initial public offering of CapitaLand Commercial C-REIT in Shanghai, raising 2.3 billion renminbi; the units opened about 20 % above the IPO price.
CapitaLand Investment’s funds under management increased to 120 billion Singapore dollars, while net debt-to-equity stood at 0.43 times with 6.4 billion Singapore dollars of debt headroom and an average debt maturity of 3.2 years.
Operationally, lodging management fee-related revenue grew 5 % year on year to 259 million Singapore dollars, supported by a 2 % rise in revenue per available unit. Across the group, portfolio occupancy remained above 90 % in most asset classes and markets.