CapitaLand Investment Limited (CLI) will consolidate CapitaLand’s existing investment management platforms and the lodging business, with a portfolio worth $115 billion. It will be listed on the SGX by way of introduction.
CapitaLand shareholders have voted overwhelmingly in favour of the proposal to split the company into two: a listed real estate management firm and a privately-held developer.
The two clearly defined entities will start operating as such starting from September.
