CapitaLand Investment (9CI) AGM 2026 presentation summary

Financial performance and growth

• Funds under management reached S$125B in FY 2025, up 7% YoY, driven by organic growth and strategic investments in SCCP and Wingate.

• Operating PATMI rose 6% YoY to S$539M, but total PATMI fell 70% YoY to S$145M due to higher China revaluation losses and lower portfolio gains.

• Fee revenue increased 6% YoY to S$1.23B, supported by new private funds, SCCP and Wingate contributions, and higher event-driven fees.

• Fundraising momentum doubled to S$6.5B, with S$1.6B from listed funds and S$4.9B from private funds.

• Capital recycling slowed to S$3.1B, with fewer divestments due to a larger China asset base.

Strategic initiatives and portfolio management

• Accelerated capital deployment and portfolio optimization, with a focus on domestic-for-domestic strategies and value-focused recycling.

• Active commercial asset management and strong leasing supported stable asset income and capital values, with commercial management fees providing resilient earnings.

• Strategic investments in SCCP and Wingate expanded platform capabilities and fee base.

• Disciplined divestments, especially in China, and value-accretive redeployment are key priorities for 2026.

REIT and fund platform expansion

• Listed funds FUM grew to S$75B (+36% since 2021), with successful new listings and S$1.6B equity raised in 2025.

• Active portfolio reconstitution recycled S$1.5B capital (+275% YoY), and acquisitions totaled S$3.7B (+68% YoY).

• Expanded REIT footprint across four exchanges, including the successful listing of CapitaLand Commercial C-REIT in Shanghai.