CapitaLand Investment Ltd

CapitaLand Investment reports a 14% increase in total PATMI for H1 2026, a 20% rise in fee revenue and a 13% increase in operating results, marking the strongest profit growth in five years. The real estate investment business saw revenue fall 24% after the sale of the US platform Synergy, while fundraising rose 50% to SGD 3.7 billion. Management keeps the full-year outlook for operating PATMI in the mid-single-digit range and plans further fundraising and disposals of non-core assets. Lower interest costs and stronger fee income are driving the shift toward an asset-management model, but risks remain from legacy holdings and difficult capital markets. » Więcej na de.investing.com

CapitaLand Investment has signed an agreement with the government of Maharashtra to invest about 192 billion rupees ($2.19 billion) in commercial parks, data centers and logistics and industrial parks in Mumbai and Pune by 2030. The company plans to expand its India operations through the listed trust CLINT, private funds and the Ascendas-Firstspace platform, and aims to grow assets under management in India from more than S$8 billion to around S$15 billion by 2028, CEO Sanjeev Dasgupta said. » Więcej na de.investing.com