Particularly, Lee notes that although CLI is actively looking at deals and M&A, the group is “not pursuing M&A just for growth”. Should the potential deal look un-accretive or not drive return on equity (ROE), he sees that it will be “difficult” to go through.
Citi Research (Citi) analyst Brandon Lee “came away positive” CapitaLand Investment (CLI) despite the group’s “miss” of its FY2025 ended December 2025 results.
He writes in his Feb 12 report: “CLI is confident of [a] pipeline of deals and fund-raising, with sufficient products and capability to achieve funds under management (FUM) of $150 billion to $160 billion, but do need merger and acquisitions (M&A) to hit $200 billion by FY2028.”
