The new investment mandate adds to CLI’s deal momentum in Singapore with $12.1 billion of transactions in 2025 and ytd in 2026. The deals include the joint acquisition of Ascent by CapitaLand Ascendas REIT and a global sovereign wealth fund for $490 million.
CapitaLand Investment (CLI) announced it has secured the investment mandate to manage Income Insurance’s direct real estate portfolio. The portfolio comprises retail, commercial and industrial assets held directly by Income Insurance and through its joint ventures.
CLI will enhance the performance of Income Insurance’s existing real estate assets in Singapore while actively seeking and evaluating new investment opportunities for Income Insurance acros the Asia Pacific region.

