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CapitaLand Investment reports 9MFY2023 revenue of $2.09 bil, 3% lower y-o-y

Felicia Tan
Felicia Tan • 2 min read
CapitaLand Investment reports 9MFY2023 revenue of $2.09 bil, 3% lower y-o-y
CapitalTower and CapitaSky. Photo: CLI
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CapitaLand Investment (CLI) has reported revenue of $2.09 billion for the 9MFY2023 ended Sept 30, 3% lower y-o-y.

Revenue from its real estate investment business fell by 8% y-o-y to $1.44 billion while fee income-related business revenue grew by 9% y-o-y to $799 million.

Year-to-date (ytd), the group raised capital of $3.5 billion under private funds management, 42% higher y-o-y. In listed funds, the group’s portfolio reconstitutions stood at $1.4 billion ytd with $1 billion of equity raised.

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