Website: www.capitaland.com
CapitaLand (SGX: C31) is one of Asia's largest real estate groups, headquartered in Singapore and listed on the Singapore Stock Exchange. As a constituent stock of the Straits Times Index, CapitaLand holds a significant position in the Asian and global real estate markets. The group was formed in November 2000 through the merger of Pidemco Land (formerly a subsidiary of ST Group) and DBS Land (formerly a subsidiary of DBS Group). Since its inception, CapitaLand has rapidly grown into one of the leaders in the Asian real estate industry.
CapitaLand Group's History and Development
CapitaLand's origins can be traced back to the 1980s. At that time, two major Singaporean real estate companies—Paltic Land and Development Land—emerged in the market. Paltic Land was initially a subsidiary of ST Group, focusing on residential and commercial real estate development. Development Land, on the other hand, was a subsidiary of DBS Group, primarily engaged in real estate development and investment.
In 2000, to cope with global competition and the rapid development of the Asian real estate market, CapitaLand and Development Land merged to form CapitaLand Group. This merger not only integrated the resources and experience of the two companies but also provided the new group with greater market influence and competitiveness. Since its inception, CapitaLand Group has rapidly expanded its business scope and market influence through continuous mergers and acquisitions and strategic investments.
CapitaLand Group's business scope
CapitaLand's operations are primarily concentrated in Singapore and China, but also extend to other Asian countries and regions, such as Malaysia, Indonesia, Vietnam, India, and Japan. The Group's main businesses include property development, investment management, hotel operations, and retail asset management.
1. Real estate development
CapitaLand Group has extensive experience and a proven track record in property development. The Group has developed numerous high-quality residential, commercial, and mixed-use projects in Singapore and China. These projects have not only met local market demands but also generated substantial revenue for the Group.
In Singapore, CapitaLand has developed many iconic projects, such as Marina Bay Sands, Marina Bay Financial Centre, and Resorts World Sentosa. These projects have not only enhanced Singapore's cityscape but also attracted a large number of international tourists and investors.
CapitaLand Group has also achieved remarkable success in China. The Group has developed numerous high-end residential and commercial projects in first-tier cities such as Beijing, Shanghai, Guangzhou, and Shenzhen. Furthermore, CapitaLand Group actively participates in China's urbanization process, developing many large-scale integrated projects in second- and third-tier cities.
2. Investment Management
CapitaLand Group manages a large portfolio of real estate assets through its subsidiary, CapitaLand Investment. CapitaLand Investment focuses on managing real estate funds, trusts, and other investment products, providing investors with diversified investment opportunities.
CapitaLand Group's real estate investment trusts (REITs) have a broad portfolio in Singapore and other Asian markets. These REITs include CapitaLand Mall Trust, CapitaLand Retail China Trust, and CapitaLand Malaysia Mall Trust, among others.
3. Hotel Operations
CapitaLand operates and manages hotels and serviced apartments globally through its subsidiary, The Ascott Limited. Ascott is a leading global operator of serviced apartments with over 600 properties in more than 30 countries and territories.
Ascott's brands include Ascott, Citadines, Somerset, and lyf. These brands offer high-quality accommodation experiences for business travelers and long-term residents. Ascott also provides members with various benefits and privileges through its loyalty program, Ascott Rewards.
4. Retail Asset Management
CapitaLand Group manages a large portfolio of retail assets through its subsidiary, CapitaLand Malls Asia. CapitaLand Malls Asia owns numerous shopping malls and retail properties in Singapore, China, and Malaysia.
CapitaLand's shopping malls not only offer consumers a wide range of shopping and entertainment options, but also provide tenants with a premium business environment. CapitaLand also delivers personalized shopping experiences through its digital platform and loyalty programs.
CapitaLand Group's Corporate Culture and Social Responsibility
CapitaLand Group, guided by its mission of “Shaping Spaces, Creating Value,” is committed to creating long-term value for its customers, employees, and shareholders. The Group’s core values include integrity, innovation, excellence, and collaboration.
CapitaLand Group also places great importance on corporate social responsibility (CSR) and actively participates in social welfare and environmental protection activities. Through its CapitaLand Hope Foundation, the Group supports education, health, and community development projects to help vulnerable groups improve their living conditions.
In terms of environmental protection, CapitaLand is committed to reducing the environmental impact of its operations. The Group adopts green building standards in its development projects and promotes energy-saving and environmentally friendly technologies. CapitaLand also encourages employees and partners to participate in environmental protection efforts through its "Green Initiative" program.
CapitaLand Group's Future Outlook
Looking ahead, CapitaLand will remain committed to its mission of “Shaping Spaces, Creating Value” and strive to become a leading global real estate company. The Group will continue to expand its business scope and market influence through innovation and strategic investments.
Driven by digitalization and technological innovation, CapitaLand will further enhance its operational efficiency and service quality. The Group will also continue to focus on sustainability, reducing the environmental impact of its operations through green building and environmentally friendly technologies.
CapitaLand Group will also actively participate in the processes of globalization and regional economic integration, expanding its global business through international cooperation and strategic partnerships. The Group will continue to create long-term value for its customers, employees, and shareholders, and contribute to the sustainable development of society.
CapitaLand Group's website
CapitaLand Group's official website is www.capitaland.com . Through this website, users can learn about CapitaLand Group's latest developments, business scope, investment projects, and corporate social responsibility activities. The website also provides information on investor relations, press releases, and career development, offering comprehensive services to users.
In conclusion, CapitaLand Group, as one of Asia's largest real estate groups, holds a significant position in the real estate industry thanks to its outstanding performance and innovative strategies. The Group will continue to create long-term value for customers, employees, and shareholders, and contribute to sustainable social development through its diversified businesses and global vision.
