Profile: CapitaLand Limited (CLLDY.PK)
30 Jul 2014
CapitaLand Limited, incorporated on January 5, 1989, is a real estate company. The principal activities of the Company are those relating to investment holding and consultancy services. As of December 31, 2012, the Company’s businesses in real estate, hospitality and real estate financial services were focused in Asia Pacific and Europe. The Company’s real estate and hospitality portfolio, which includes homes, offices, shopping malls, serviced residences and mixed developments, spans more than 110 cities in over 20 countries. The Company’s segments are CapitaLand Residential Singapore, CapitaLand China Holdings, CapitaLand Commercial, Ascott, CapitaLand Financial, CapitaValue Homes, CapitaMalls Asia, Australand and Others. In May 2014, the Company sold 30% interest in Sea Dragon Limited and 10% interest in Famous Empire Properties Limited. In June 2014, it established four new wholly owned subsidiaries: StorHub 14 Woodlands Pte Ltd, StorHub 5 Bukit Batok Pte Ltd, StorHub 111 Defu Pte Ltd and StorHub 37 Tampines Pte Ltd. In July 2014, the Company incorporated a subsidiary known as NextGen Holdings Pte. Ltd.
CapitaLand Residential Singapore
The CapitaLand Residential Singapore segment develops residential properties in Singapore for sale and covers a spectrum of the residential market in Singapore.
CapitaLand China Holdings
CapitaLand China Holdings is involved in the residential, commercial and integrated property development in China.
CapitaLand Commercial is the owner/manager of commercial and industrial properties in Singapore, Malaysia and United Kingdom. It also develops residential projects in Malaysia.
CapitaMalls Asia is a shopping mall owner/manager with portfolio in Singapore, China, India, Japan and Malaysia.
Ascott is an international serviced residence owner-operator with operations in the cities of Asia Pacific, Europe and the Gulf region. It operates three brands, namely Ascott, Somerset and Citadines. The Ascott Limited (Ascott) is CapitaLand’s serviced residence business unit. Through a series of investments and management contracts, Ascott expanded its portfolio to over 31,000 apartment units in 222 properties across more than 70 cities. It invested to develop 11 properties with more than 2,000 apartment units in nine cities-Ahmedabad, Bangalore, Chennai and Hyderabad in India; Shanghai in China; Hai Phong in Vietnam; Frankfurt and Hamburg in Germany; and Paris in France. Ascott secured management contracts for 23 properties with over 4,000 apartment units in 20 cities, including Beijing, Chengdu, Foshan and Macau SAR in China; Cyberjaya, Nusajaya and Petaling Jaya in Malaysia; Hanoi and Ho Chi Minh City in Vietnam; and Muscat in Oman.
CapitaLand Mixed Developments
CapitaLand has a portfolio of eight Raffles City developments in Singapore and China. Eight of the nine Raffles City developments are in China with two operational during 2012. The eight Raffles City projects are in Shanghai, Beijing, Chengdu, Hangzhou, Ningbo, Shenzhen and Chongqing.
The Company’s CapitaValue Homes segment develops value housing projects in China and Vietnam. During 2012, CapitaValue Homes pipeline of value homes was over 6,600 units in the cities of China and Vietnam. Of these, approximately 5,000 units were in China. CapitaValue Homes acquired two sites in Shanghai’s Pudong District and Guangzhou’s Panyu District in China. In Vietnam, CapitaValue Homes partnered Khang Dien to jointly develop PARCSpring into 974 value homes located at the fringe of the city centre in District 2, Ho Chi Minh City. During 2012, it also partnered Quoc Cuong to jointly develop about 800 value homes in Binh Chanh District, a new urban area in Ho Chi Minh City.
CapitaLand Financial segment is involved in real estate fund management and financial advisory services. It has created six real estate investment trusts (REITs) and 21 real estate private equity funds, all REITS and 15 funds were still under its management during 2012.
Australand is a diversified property group with activities in residential, commercial and industrial developments and investment properties across Australia. Australand is a subsidiary of CapitaLand. Operating in the residential, commercial and industrial markets, Australand’s activities include the development of residential land, housing and apartments and the development of, and investment in, income producing commercial and industrial properties.
Surbana’s two businesses are building consultancy and township development. Surbana International Consultants (SIC) provides full-service building consultancy solutions, including urban planning, architecture, engineering, quantity surveying, project and construction management, coastal engineering and infrastructure, building technology, design and city management.
168 Robinson Road, #30-01 Capita
Company Web Links
- SINGAPORE PRESS-Everbright bought land next to CapitaLand's Chongqing site-Business Times
- CapitaLand to delist CapitaMalls Asia after passing 90 pct threshold
- Singapore's Frasers bids $2.4 billion for Australia's Australand, trumps rival
- Australia's Stockland lifts Australand takeover bid
- Australia's Stockland lifts Australand takeover bid to $2.3 billion