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CapitaLand Investment Limited
(SGX:9CI)
CapitaLand Investment Limited (9CI) vs. iShares MSCI Singapore ETF (EWS)
CapitaLand Investment Limited Business Overview & Revenue Model
CapitaLand Investment Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.56B | 2.81B | 2.78B | 2.88B | 2.29B | 1.98B |
| Gross Profit | 1.66B | 1.26B | 2.78B | 1.29B | 1.06B | 872.00M |
| EBITDA | 789.00M | 1.42B | 1.03B | 1.05B | 802.00M | -33.00M |
| Net Income | 435.00M | 479.00M | 181.00M | 861.00M | 1.35B | -559.00M |
Balance Sheet | ||||||
| Total Assets | 23.98B | 24.71B | 34.13B | 35.11B | 37.65B | 38.22B |
| Cash, Cash Equivalents and Short-Term Investments | 1.36B | 2.31B | 2.46B | 2.67B | 3.88B | 1.74B |
| Total Debt | 8.19B | 7.90B | 12.72B | 12.77B | 13.95B | 14.99B |
| Total Liabilities | 10.51B | 10.30B | 15.90B | 16.18B | 17.55B | 22.49B |
| Stockholders Equity | 12.58B | 13.55B | 14.36B | 15.53B | 16.44B | 12.27B |
Cash Flow | ||||||
| Free Cash Flow | 446.00M | 542.00M | 659.00M | 579.00M | 625.00M | 139.00M |
| Operating Cash Flow | 448.00M | 561.00M | 682.00M | 735.00M | 667.00M | 183.00M |
| Investing Cash Flow | 557.00M | 2.57B | -187.00M | -382.00M | 1.27B | 1.07B |
| Financing Cash Flow | -2.26B | -3.25B | -637.00M | -1.37B | 223.00M | -972.00M |
CapitaLand Investment Limited Technical Analysis
CapitaLand Investment Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $18.11B | 17.55 | 6.41% | 5.15% | 0.17% | 8.05% | |
77 Outperform | $6.65B | 15.34 | 3.80% | 2.22% | 18.74% | -38.36% | |
70 Outperform | $5.73B | 14.42 | 10.81% | 4.19% | 23.81% | 89.10% | |
69 Neutral | $4.91B | 21.36 | 5.08% | 4.98% | 1.49% | 5.99% | |
66 Neutral | $6.42B | 35.20 | 2.72% | 6.04% | -1.47% | -39.12% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
61 Neutral | S$13.47B | 30.16 | 3.35% | 4.55% | -11.37% | 171.65% |
CapitaLand Investment Limited Corporate Events
The Ascott Limited has announced the signing of seven new properties in Vienna and Seville, significantly expanding its European footprint to 64 properties with nearly 8,500 units across 26 cities. This expansion is part of Ascott’s strategy to capitalize on Europe’s resilient hospitality market, leveraging franchise and management agreements to efficiently scale its operations while enhancing brand equity. The new signings include five properties in Vienna, deepening Ascott’s partnership with VIE Trust Real Estate Group, and mark the debut of the Somerset and lyf brands in Seville as part of a major resort development. Ascott’s growth in Europe is driven by increasing demand from property owners and investors for reliable operators with global reach and robust brand architecture.
The most recent analyst rating on (SG:9CI) stock is a Hold with a S$3.00 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
CapitaLand Investment Limited’s Extra Space Asia is expanding its self-storage footprint with significant investments in Singapore and Tokyo. The company is investing nearly S$100 million in a flagship self-storage facility in Singapore and acquiring three facilities in Tokyo, marking a strategic expansion in key Asian markets. This expansion is part of CLI’s strategy to leverage its fund management capabilities and capture growth opportunities in the Asia Pacific region, driven by urbanization and e-commerce trends.
The most recent analyst rating on (SG:9CI) stock is a Hold with a S$3.00 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
CapitaLand Investment Limited and its associated funds have demonstrated significant leadership in ESG practices, as evidenced by their strong performance in the 2025 GRESB Real Estate Assessment. Several of its listed REITs and private funds maintained or improved their GRESB ratings, with some achieving 5-star ratings for the first time. This performance not only highlights CLI’s commitment to sustainability but also results in financial benefits such as interest rate savings on sustainability-linked loans.
The most recent analyst rating on (SG:9CI) stock is a Hold with a S$3.00 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
CapitaLand Investment Limited has announced the schedule for its third-quarter 2025 business updates and unaudited financial results for itself and its listed funds. The announcements, which will occur between October 22 and November 6, 2025, are crucial for stakeholders as they provide insights into the company’s financial health and strategic direction. These updates will likely impact investor perceptions and market positioning, given the company’s significant presence in the real estate sector.
The most recent analyst rating on (SG:9CI) stock is a Hold with a S$3.00 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
SC Capital Partners and CapitaLand Investment Limited have launched the SC GCC Real Estate Industrial Development Fund (GRID) to support Saudi Arabia’s Vision 2030. The fund aims to develop modern industrial hubs in key locations such as The Eastern Province, Greater Riyadh, and Jeddah, driving economic transformation and attracting global investment. This initiative aligns with Saudi Arabia’s national strategies to reshape its industrial and logistics sectors, creating demand for advanced manufacturing and sustainable industrial parks. The collaboration combines institutional investment expertise with on-the-ground development capabilities, positioning the partners to capitalize on the GCC region’s growing importance in the global supply chain.
The most recent analyst rating on (SG:9CI) stock is a Hold with a S$3.00 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
SC Capital Partners, in collaboration with CapitaLand Investment Limited, has launched the SC GCC Real Estate Industrial Development Fund, marking its first co-sponsored industrial development initiative in the UAE. The fund’s inaugural project in Ras Al Khaimah aims to create 1,800 jobs and host over 50 tenants within a 300,000 sqm industrial park, positioning the Emirate as a hub for advanced industries amid the UAE’s growing industrial and logistics sectors.
The most recent analyst rating on (SG:9CI) stock is a Hold with a S$3.00 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
CapitaLand Investment Limited (CLI) has successfully listed CapitaLand Commercial C-REIT (CLCR) on the Shanghai Stock Exchange, marking China’s first international-sponsored retail C-REIT. This listing strengthens CLI’s position as Asia Pacific’s largest REIT manager by market capitalization and expands its REIT management platform into China. CLCR’s IPO exceeded expectations, raising RMB2.29 billion, with a forecast distribution yield of 4.40% for FY 2025. Additionally, CLI has closed the first sub-fund under its CLI RMB Master Fund, acquiring its first asset and planning further expansion with a second sub-fund focused on retail assets. CLI’s strategic moves indicate significant growth opportunities in China’s real estate market.
The most recent analyst rating on (SG:9CI) stock is a Hold with a S$3.00 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
CapitaLand India Trust, through its subsidiary Ascendas Property Fund (India) Private Limited, has entered into an agreement to divest its 100% interest in Cyber Pearl Information Technology Park Private Limited. This divestment involves two assets: CyberVale IT SEZ in Chennai and CyberPearl IT Park in Hyderabad, totaling approximately 1.4 million square feet. The transaction is valued at INR 9,502 million and reflects the company’s strategic move to optimize its portfolio and potentially reallocate resources to other growth opportunities, impacting its operational focus and market positioning.
The most recent analyst rating on (SG:9CI) stock is a Hold with a S$3.00 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
Ascott’s Citadines brand has surpassed 200 properties globally, achieving significant growth through rapid conversions and geographical diversification. The brand’s expansion includes entering 18 new cities, with a focus on high-potential tier-2 and tier-3 markets, and has been driven by a strong franchise model and a global brand campaign. This growth highlights Citadines’ leadership in the upper-midscale segment and its ability to quickly transform existing properties, as evidenced by recent swift conversions in locations like Jakarta and Liverpool. The franchise model, particularly in China, is expected to further drive the brand’s global expansion.
The most recent analyst rating on (SG:9CI) stock is a Hold with a S$3.00 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
CapitaLand Commercial C-REIT (CLCR) has set a record with its initial public offering (IPO) in China, achieving 254.5 times subscription coverage from offline institutional investors, marking the highest among retail C-REITs. The IPO, which raised RMB2.29 billion, is part of CLI’s strategy to expand its REIT management platform into China and enhance its capital recycling strategy. This move is expected to strengthen CLI’s position as Asia Pacific’s largest REIT manager, providing both domestic and international investors access to quality assets in China.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.65 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
CapitaLand Commercial C-REIT (CLCR) has received approval from the China Securities Regulatory Commission to register for its listing on the Shanghai Stock Exchange, marking it as China’s first international-sponsored retail C-REIT. This move is expected to raise RMB2.1 billion through the issuance of 400 million units and aligns with CLI’s strategy to tap into onshore capital. CLCR’s initial portfolio includes high-quality retail assets in Tier-1 and strong Tier-2 cities in China, benefiting from government policies to boost domestic consumption. These assets promise stable rental income supported by a diversified tenant base and experienced asset management teams.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.65 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
Astaka Holdings Limited, a prominent property developer in Johor, Malaysia, announced a RM1.2 billion mixed-use development project, including a lifestyle retail mall adjacent to its upcoming residential skyscraper, Arden @ One Bukit Senyum. In a strategic move, Astaka has partnered with CapitaLand Investment Limited to serve as a retail advisor, enhancing its retail strategy through asset planning and support during various stages of the project. The unveiling of the master plan for Phase 3 of the One Bukit Senyum integrated project, which includes this new development, marks a significant milestone, contributing to the project’s total estimated GDV of RM3.6 billion.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
CapitaLand Investment Limited has signed a Memorandum of Understanding with the Maharashtra Government to invest over INR19,200 crores by 2030, aiming to expand its operations in Mumbai and Pune. This investment is part of CLI’s broader strategy to enhance its growth in India, with plans to increase its funds under management significantly, reflecting confidence in Maharashtra’s potential as a hub for innovation and digital infrastructure.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
Ascott Limited is expanding its resort portfolio with 11 new signings across Asia and the Middle East, increasing its global presence to about 50 properties in high-demand leisure destinations. This strategic move leverages the growing global leisure travel market, projected to reach US$15 trillion by 2040, and aims to capture the rising demand for experiential stays and ‘bleisure’ travel, particularly from emerging markets. By employing a multi-typology brand strategy, Ascott is effectively scaling in high-potential areas, enhancing its industry positioning and delivering long-term value for property owners.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
The Ascott Limited has signed a significant hotel management agreement with Coronade Properties to manage Ascott Coronation Square Johor Bahru, a new flagship hotel in the Johor-Singapore Special Economic Zone (JS-SEZ). This collaboration marks the first major hospitality partnership following the Singapore-Malaysia JS-SEZ agreement, highlighting the area’s growing appeal for cross-border business. The project is a strategic milestone for Ascott, expanding its footprint in Malaysia with its sixth property in the country, and aims to cater to the increasing demand from business, tourism, and investment activities in the region.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
CapitaLand Integrated Commercial Trust (CICT) reported a 12.4% increase in distributable income for the first half of 2025, reaching S$411.9 million. This growth was driven by contributions from the newly acquired ION Orchard and effective portfolio management, despite a slight decrease in gross revenue and net property income due to the divestment of 21 Collyer Quay. The Trust’s distribution per unit rose by 3.5% to 5.62 cents, reflecting strong financial performance and strategic asset management. CICT’s ongoing asset enhancement initiatives and recent divestments aim to boost financial flexibility and maintain resilience in a challenging economic environment.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
CapitaLand Ascendas REIT reported a stable distributable income of S$331.1 million for the first half of 2025, with a distribution per unit of 7.477 Singapore cents. The REIT maintained a healthy portfolio occupancy of 91.8% and achieved a positive rental reversion of 9.5% on renewed leases. The company completed accretive acquisitions worth S$878.0 million and a redevelopment project in Singapore, enhancing its portfolio quality and long-term returns.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
CapitaLand Ascott Trust has announced the proposed divestment of Citadines Central Shinjuku Tokyo to ML Estate Co., Ltd., an unrelated third party. This transaction is part of the Trust’s strategic asset management approach, potentially impacting its portfolio and financial performance, subject to approval by its Stapled Securityholders.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
CapitaLand India Trust reported a 9% increase in its distribution per unit (DPU) for the first half of fiscal year 2025 compared to the same period last year. The trust’s net property income grew by 14% in Indian Rupee terms, reflecting strong operational performance and effective management strategies. This financial growth highlights the trust’s robust market positioning and potential for continued stakeholder value enhancement.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.95 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
CapitaLand China Trust reported a net property income of RMB580.3 million for the first half of 2025, impacted by lower gross revenue due to supermarket upgrades and lower business park occupancy. However, the logistics parks portfolio showed a 2.0% year-on-year increase. The Distribution Per Unit was affected by a decline in net property income and currency fluctuations, partially offset by reduced finance costs. CLCT received Unitholders’ approval for the divestment of CapitaMall Yuhuating to CapitaLand Commercial C-REIT and plans to subscribe for a strategic stake in CLCR. The company is focusing on repositioning its retail malls and aligning its business parks and logistics with China’s technology sectors.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
CapitaLand Ascott Trust reported a 6% increase in gross profit for the first half of 2025, reaching S$182.5 million, driven by stronger operating performance and strategic asset enhancement initiatives. The company also announced plans to enhance three additional properties to boost profitability and asset value, maintaining stable core distributions and demonstrating resilience despite global uncertainties. This growth is supported by a diversified portfolio and a strategy of reconstituting and enhancing assets to deliver sustainable returns to stakeholders.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.85 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.