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CapitaLand Investment Limited (SG:9CI)
SGX:9CI
Singapore Market

CapitaLand Investment Limited (9CI) AI Stock Analysis

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SG:9CI

CapitaLand Investment Limited

(SGX:9CI)

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Neutral 63 (OpenAI - 5.2)
Rating:63Neutral
Price Target:
S$3.50
â–˛(21.11% Upside)
Action:ReiteratedDate:02/18/26
The score is driven mainly by solid cash generation and a de-risked balance sheet, plus constructive technical momentum. These positives are tempered by volatile and recently weakening reported earnings/revenue and a demanding valuation (very high P/E), with China-related revaluation/divestment risks highlighted on the earnings call.
Positive Factors
Multi-asset real estate platform
CLI's footprint across lodging, retail, office, parks/logistics/industrial and data centres diversifies cash flows and client demand. This reduces exposure to single-sector cycles, enables cross-selling between institutional and private channels, and supports steadier AUM growth over the medium term.
Recurring, fee-based business model
A core of management and asset fees tied to AUM provides predictable, recurring revenue that is less volatile than transaction income. This fee base scales with mandate wins, underpins margin stability, and creates durable cash flow that supports reinvestment and fundraising over coming quarters.
High reported profit margins
Robust gross and operating margins indicate structural cost efficiency in management and operations. High margins provide buffer versus revenue weakness, support distributions and reinvestment, and enhance the firm's ability to generate free cash across cycles, sustaining long-term competitiveness.
Negative Factors
Persistent revenue decline
Material top-line declines constrain fee bases and reduce performance fee opportunities, directly pressuring recurring revenues and AUM-linked income. Sustained revenue contraction can force asset disposals, weaken fundraising momentum and erode long-term earnings power if not reversed.
Declining free cash flow growth
A near-30% drop in FCF growth and modest operating-cash-to-income ratio reduce internal funding capacity. Weaker FCF limits ability to seed funds, fund platform investments, or sustain distributions, increasing dependence on external capital and pressuring balance-sheet flexibility over the medium term.
Low return on equity
An ROE near 3.5% signals modest returns on shareholder capital relative to typical asset-manager targets. Persistently low ROE may deter capital inflows, constrain organic AUM expansion and indicate the business is not yet generating strong shareholder value, limiting long-term growth prospects.

CapitaLand Investment Limited (9CI) vs. iShares MSCI Singapore ETF (EWS)

CapitaLand Investment Limited Business Overview & Revenue Model

Company DescriptionCapitaLand Investment Limited is a real estate investment manager of CapitaLand Group. Its diversified real estate asset classes cover integrated developments, retail, office, lodging and new economy sectors such as business parks, industrial, logistics and data centers. We invest primarily in China and India along with Asia-Pacific, Europe, and the USA. CapitaLand Investment Limited was founded in 2002 and is headquartered in Singapore.
How the Company Makes MoneyCapitaLand Investment generates revenue through multiple key streams, primarily from real estate investment, property management, and development activities. The company earns rental income from its extensive portfolio of properties, including shopping malls, office buildings, and residential units. Additionally, it benefits from property sales and development projects, where it develops residential and commercial properties for sale. The company also engages in real estate investment management, collecting management fees from funds it manages on behalf of institutional investors. Strategic partnerships with local and international developers, as well as joint ventures in various markets, further enhance its revenue potential. Market conditions, property valuations, and demand for real estate also play significant roles in influencing the company's earnings.

CapitaLand Investment Limited Earnings Call Summary

Earnings Call Date:Feb 10, 2026
(Q4-2025)
|
% Change Since: |
Next Earnings Date:Aug 06, 2026
Earnings Call Sentiment Positive
The call presented a broadly constructive operational and strategic story: core operating metrics improved (operating PATMI +6%, fee growth +6%, operating cash flow >$900m), fundraising and private fund momentum were strong (private funds +24%, $4.9bn raised), and the group has a healthy balance sheet (debt/equity ~0.43x) providing headroom for disciplined M&A and platform investments. Key challenges center on China-related valuation declines and realized divestment discounts (notably portfolio gains down 80% and China revals down ~$545m), and margin pressure from deliberate near-term investments into growth areas (private funds, lodging). Management provided clear strategic actions (C-REITs, China-for-China funds, platform building, digital/AI efficiency targets) to address the China exposure and to pivot toward fee-based, asset-light growth. On balance, the positives around fundraising, recurring fee growth, cash generation and platform scale outweigh the near-term valuation and China-related headwinds.
Q4-2025 Updates
Positive Updates
Funds Under Management Growth
FUM increased by about $7–8 billion, representing ~7% growth year-on-year; management highlighted this alongside strong fundraising momentum (described as their best fundraising year, almost double the prior year).
Fundraising and Private Funds Momentum
Total private equity fundraising/third-party equity of $4.9 billion in the year; private funds top-line growth up 24% year-on-year; CLARA II (USD 600m) over 50% deployed and a second fund planned; plans for multiple regional flagship products (~$500m third-party equity each) and strong pipeline for ACP II/III and other themed funds.
Core Operating Performance Improvement
Operating PATMI (core operating performance) was $539 million, up 6% year-on-year; fee growth also up 6%; management views mid-single-digit operating PATMI growth as a sustainable run rate absent major catalysts.
Listed Funds and REIT Performance
Listed funds operating performance up 8%; key Singapore REITs generated strong shareholder returns (c.15% to nearly 30% for some S-REITs); addition from Japan Hotel REIT via SC Capital acquisition contributed to growth; REIT portfolios had active portfolio reconstitution and DPU focus.
Record Lodging Signings and Fee Income Growth
Record signings of ~19,000 keys in the year; lodging fee income grew from roughly $150 million in 2020 to about $350 million now (5-year CAGR ~15%); signed-but-not-open pipeline pushes the group past their $500 million recurring fee target when included.
Commercial Management and Operational Efficiency
Commercial management revenue broadly stable (flat y/y) but margins and operating profits improved due to optimization and cost programs; commercial management contributes >$100 million EBITDA and is viewed as a steady, resilient fee income stream.
Balance Sheet and Cash Flow Strength
Operating cash flow remained strong at >$900 million; dividend maintained at $0.12 for the year; healthy leverage with debt-to-equity ~0.43x and meaningful headroom (management said an additional ~$6bn of borrowing capacity to rise to ~0.9x gearing if required).
Interest Costs and Capital Efficiency
Average interest cost fell from 4.4% to 3.9% year-on-year, with management expecting a modest further decline (~10–15 bps); private funds capital allocation has become more efficient (capital deployed to new funds reduced to ~$5.2 billion from higher legacy levels).
Private Credit and Data Center Capabilities
Private credit platform demonstrating scale (Wingate senior debt AUM crossed AUD 300m; ACP Fund I fully returned with attractive returns; ACP II oversubscribed); firm has ~800 MW of data center capacity operating and under construction and moving to build operating platform for data centers.
China Strategy: C-REIT Progress and Domestic Capital Opportunities
Launched first C-REIT (trading at ~1.21x price/NAV and above underwriting), filed a second C-REIT; management sees C-REITs and China-for-China funds as a route to recycle assets into RMB-denominated fee-generating vehicles and to attract domestic liquidity.
Digital / AI Initiatives and Cost Savings Target
Management is investing in AI and digital initiatives and expects these to drive cost savings and efficiency; target run-rate cost savings from these programs is $30–50 million (group target $50m) by 2027.
Negative Updates
Significant Portfolio Gains Decline
Portfolio gains plunged ~80% year-on-year (driven by absence of prior-year large divestment such as ION Orchard) leading to materially lower total PATMI compared with the prior year; much of the PATMI reduction was from non-cash items (revaluations/impairments).
China Valuation and Divestment Losses
China revaluations were down ~$545 million in the year; over the past 5 years China valuations have been written down by about $1.6 billion (~12% average decline); divested ~S$1 billion gross of China assets (effective ~S$700 million) at discounts of ~10–20% (avg ~13%) to book value, creating realized losses.
Portfolio Revaluations and Impairments Impact
Revaluations and impairments were a major adjustment (similar to last year), with China the main drag while Singapore and India saw uplifts; total PATMI weakened materially as a result of these noncash writedowns.
Private Funds China Exposure Weakness
Several China-focused private funds (comprising >40% of private funds exposure) saw valuation declines and were a drag on private funds' contribution, even as new India and Japan sales offset some loss.
Fee Segment Profitability Pressure from Investment
Fee segment profitability came down slightly because the group is investing in hires and capability building (notably in private funds and lodging), weighing near-term margins despite revenue growth in specific segments.
Lodging EBITDA Margin Below Target
Lodging currently operating at ~23–24% EBITDA margin (below management’s 30%+ target); margin compression is deliberate while investing in new capabilities (resorts, branded residences, franchising, F&B, loyalty programs) but delays full margin realization until 2028–2029 as pipeline properties open and ramp.
Uneven Market Recovery and China Uncertainty
Management noted a challenging and uneven recovery across markets in 2025; they could not guarantee that further negative revaluations in China will not occur over the next 12 months given ongoing occupancy and macro uncertainties.
Company Guidance
Management guided to a steady, mid-single‑digit run‑rate for core operating PATMI (operating profit was $539m, up 6% y/y), while targeting long‑term scale to $200bn FUM; last year CLI raised $4.9bn equity (almost double prior year) and deployed $7bn, with private‑fund revenue +24% and overall fee growth +6%, and they expect continued double‑digit private funds growth and more flagship fund launches (each c. $500m equity, c. $1bn FUM with leverage). Key balance‑sheet and cash metrics: operating cash flow >$900m, dividend maintained at $0.12, net interest cost down from 4.4% to 3.9% (another ~10–15bp improvement expected), gearing 0.43x with $6–8bn headroom up to ~0.9x, and remaining on‑balance assets ~$4bn (China exposure ~$7.5bn; cumulative China writedowns c.$1.6bn, this year China revals -$545m). Operational targets: lodging signed a record 19,000 keys (fee income now ~$350m, pipeline to exceed $500m; EBITDA margin target 30%+ by 2028–29), Wingate senior debt AUM AUD300m, ACP series closing/oversubscribed, and management expects to accelerate divestments (2026 China divestments >$1bn likely) and selectively pursue accretive M&A.

CapitaLand Investment Limited Financial Statement Overview

Summary
Cash flow is the key support (consistently positive OCF/FCF), and leverage has improved versus earlier years, but earnings quality/predictability is weaker due to large profit swings and a sharp 2025 revenue and net income decline.
Income Statement
56
Neutral
Profitability is positive in recent years, but the earnings profile is volatile. Revenue was broadly stable from 2021–2024, then fell sharply in 2025 (annual revenue down ~35%), alongside a steep drop in net income (2025: 145M vs. 479M in 2024). Margins were strong in 2024 (net margin ~17%), but the large year-to-year swings (including a loss in 2020 and exceptionally high profits in 2021–2022) suggest results are sensitive to market/transaction timing and valuation or realization cycles, which reduces predictability.
Balance Sheet
63
Positive
Leverage looks manageable for the business, with debt-to-equity improving from higher levels in 2020 (~1.22) to a more moderate level by 2024 (~0.58). However, absolute debt remains sizable (2025: ~8.45B) and equity has trended down from 2021–2025, which can limit flexibility if earnings weaken. Asset base is large and relatively steady (mid-20B in 2024–2025), but returns on equity have been modest in recent years (2024 ~3.5%), reflecting weaker profitability versus the capital employed.
Cash Flow
70
Positive
Cash generation is a relative strength: operating cash flow and free cash flow have been consistently positive across the period, with free cash flow closely tracking earnings in 2023–2024 (free cash flow roughly in line with net income). That said, free cash flow declined in 2024 and again in 2025 (2025: 479M, down ~22%), and cash flow coverage of revenue appears relatively low (based on the provided cash flow-to-revenue figures), implying the business may require meaningful working capital or investment to support activity.
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue2.13B2.81B2.78B2.88B2.29B
Gross Profit1.00B1.26B2.78B1.29B1.06B
EBITDA735.00M1.42B1.22B1.05B802.00M
Net Income145.00M479.00M181.00M861.00M1.35B
Balance Sheet
Total Assets24.21B24.71B34.13B35.11B37.65B
Cash, Cash Equivalents and Short-Term Investments2.02B2.31B2.46B2.67B3.88B
Total Debt8.45B7.90B12.72B12.77B13.95B
Total Liabilities10.69B10.30B15.90B16.18B17.55B
Stockholders Equity12.58B13.55B14.36B15.53B16.44B
Cash Flow
Free Cash Flow479.00M542.00M659.00M579.00M625.00M
Operating Cash Flow491.00M561.00M682.00M735.00M667.00M
Investing Cash Flow-510.00M2.57B-187.00M-382.00M1.27B
Financing Cash Flow-252.00M-3.25B-637.00M-1.37B223.00M

CapitaLand Investment Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price2.89
Price Trends
50DMA
2.97
Negative
100DMA
2.81
Positive
200DMA
2.75
Positive
Market Momentum
MACD
-0.03
Positive
RSI
28.37
Positive
STOCH
14.64
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:9CI, the sentiment is Neutral. The current price of 2.89 is below the 20-day moving average (MA) of 3.05, below the 50-day MA of 2.97, and above the 200-day MA of 2.75, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 28.37 is Positive, neither overbought nor oversold. The STOCH value of 14.64 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SG:9CI.

CapitaLand Investment Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
S$8.80B15.334.14%2.06%18.74%-38.36%
71
Outperform
$5.48B12.038.88%4.55%23.81%89.10%
70
Outperform
$17.58B18.935.88%5.26%0.17%8.05%
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
65
Neutral
S$4.50B22.234.49%5.29%10.82%-5.02%
63
Neutral
S$14.07B93.202.29%4.44%-11.37%171.65%
54
Neutral
S$6.13B41.023.18%5.83%-1.81%-18.43%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:9CI
CapitaLand Investment Limited
2.82
0.42
17.50%
SG:C38U
CapitaLand Integrated Commercial Trust
2.31
0.40
20.88%
SG:J69U
Frasers Centrepoint
2.21
0.25
13.04%
SG:AJBU
Keppel DC REIT
2.24
0.27
13.71%
SG:M44U
Mapletree Logistics
1.20
0.03
2.83%
SG:U14
UOL Group
10.39
4.68
82.03%

CapitaLand Investment Limited Corporate Events

Ascott books record signings in 2025 as asset-light expansion widens global footprint
Feb 9, 2026

The Ascott Limited, the lodging arm of CapitaLand Investment, expanded its global hospitality platform in 2025 with a record 19,000 units signed across 102 properties, a 27% increase in new signings that lifts its portfolio to more than 1,000 properties and 176,000 units worldwide. The company’s asset-light, flex-hybrid strategy and multi-brand portfolio are sharpening its focus on higher-fee segments and reinforcing its ambition to be a preferred hospitality partner for owners and guests.

Ascott pushed into more than 10 new cities in Asia Pacific and Europe, including first-time entries in Wellington and Taipei, as well as resort destinations like Phuket, Phu Quoc and Langkawi and Tier-2 Indian cities such as Lucknow and Thanjavur. Around 30% of new signings came from existing partners, reflecting strong owner confidence in Ascott’s platform and its ability to deliver flexible living solutions that cater to evolving travel-as-lifestyle demand 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 Integrated Commercial Trust Lifts FY 2025 Payout on Strong 2H Performance
Feb 6, 2026

CapitaLand Integrated Commercial Trust reported a robust second half of 2025, with distributable income rising 16.4% year-on-year to S$449.0 million, driven by contributions from newly acquired stakes in ION Orchard and CapitaSpring’s commercial component, stronger performances from existing assets, and lower interest expenses, partially offset by the divestment of 21 Collyer Quay. Distribution per unit for 2H 2025 grew 9.4% to 5.96 cents despite an enlarged unit base, bringing full-year 2025 DPU to 11.58 cents, up 6.4% year-on-year and implying a 4.8% distribution yield, while gross revenue and net property income increased 4.7% and 6.8% respectively and portfolio property value climbed 5.2% to S$27.4 billion, underscoring the positive impact of the trust’s portfolio reconstitution strategy and reinforcing its positioning in Singapore’s commercial property 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 Ascendas REIT lifts FY 2025 distributable income as portfolio value climbs
Feb 5, 2026

CapitaLand Ascendas REIT reported a 1.4% year-on-year rise in distributable income to S$678.3 million for FY 2025, driven by acquisitions in Singapore and the United States and tight control of operating and interest expenses, partially offset by recent divestments. While gross revenue and net property income grew 1.0% and 1.7% respectively, distribution per unit eased slightly to 15.005 Singapore cents due to an enlarged unit base from a June 2025 equity fundraising, resulting in a distribution yield of 5.3% based on the year-end unit price. The trust’s portfolio value climbed 8.6% to S$18.2 billion, supported by new acquisitions and a redevelopment, with same-store valuations rising across business space and life sciences, industrial and data centres, and logistics segments, underscoring continued asset quality enhancement and stable net asset value per unit at S$2.21.

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 Delivers Double-Digit DPU Growth on Strong FY2025 Performance
Feb 2, 2026

CapitaLand India Trust reported strong financial results for the year ended 31 December 2025, with second-half 2025 distribution per unit rising 22% year-on-year to 3.90 Singapore cents and full-year DPU up 15% to 7.87 Singapore cents, implying a 6.5% yield based on its year-end unit price. Income available for distribution grew 33% in the second half, supported by improved operating performance, contributions from newly completed developments and prior acquisitions, as well as higher interest income from six forward-purchase projects under development. Total property income and net property income increased by double digits for both the half and full year, with NPI margins improving due to proactive portfolio management that boosted efficiency and leasing, while the portfolio’s property value climbed 19% year-on-year on a like-for-like basis, reflecting strategic divestments and a focus on higher-yielding, growth-oriented assets. These results underscore the trust’s ability to reconstitute its portfolio, optimise capital deployment and sustain a strong earnings trajectory for its unitholders.

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 Ascott Trust Lifts FY2025 Distributions as Portfolio Value and REVPAU Rise
Jan 29, 2026

CapitaLand Ascott Trust (CLAS) reported an 11% year-on-year increase in income available for distribution to S$256.7 million for FY2025, supported by stronger operating performance, portfolio reconstitution and higher non-periodic items. The trust declared a full-year distribution per stapled security of 6.10 Singapore cents, implying a 6.4% yield, and retained S$23.2 million to fund asset enhancement initiatives and general corporate purposes, signalling a balance between stable payouts and reinvestment for future growth. Revenue and gross profit rose 3% and 4% respectively, while REVPAU climbed 3% to S$161 for the year and 2% in the fourth quarter on higher occupancy, helping offset foreign currency headwinds and higher property taxes. CLAS’ portfolio valuation increased 1.7% or S$130 million, with Japan, France and Australia recording notable gains, underscoring the resilience of its core markets as the trust marks its 20th anniversary and highlights a long-term track record of growing distribution income.

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.

CICT Leads S$1.5 Billion Hougang Central Mixed-Use Development to Deepen Singapore Focus
Jan 14, 2026

CapitaLand Integrated Commercial Trust has, via a consortium structure, secured a Housing and Development Board tender for a large 99-year leasehold mixed-use commercial and residential site at Hougang Central with a bid of about S$1.5 billion. CICT’s Commercial Trust will fully develop and own the commercial component, comprising around 300,000 square feet of net lettable area, at an expected development cost of about S$1.1 billion and an estimated yield on cost above 5%, with completion targeted around 2030–2031. The transaction deepens CICT’s exposure to the Singapore market, aligns with its strategy of growing through development to create value, and further reinforces its positioning as a core vehicle for investors seeking commercial real estate exposure in one of the region’s most stable and resilient markets.

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 Investment Accelerates APAC Logistics Push With New Investment and S$260 Million Singapore Facility
Jan 8, 2026

CapitaLand Investment Limited has announced a minority investment in Ally Logistic Property, a specialist in modern smart logistics infrastructure in Asia and an existing partner in the CapitaLand Southeast Asia Logistics Fund, to deepen its operational capabilities and accelerate logistics platform growth across Asia Pacific and into markets such as Australia, Japan and the United States. Concurrently, the CapitaLand Southeast Asia Logistics Fund is expanding its portfolio with a S$260 million commitment to develop OMEGA 1 Singapore, an automated logistics facility on a 5.1-hectare site, underscoring the company’s push to capitalise on strong structural demand for automated logistics solutions driven by digital consumption, rising labour costs and supply chain rationalisation across the region.

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 Raises S$150 Million for India Data Centre Fund, Buys Stakes in Three Facilities
Dec 31, 2025

CapitaLand Investment Limited has achieved a first close of approximately S$150 million for its CapitaLand India Data Centre Fund, anchored by a global institutional investor and supported by a general partner commitment from the company, as it targets a final fund size of around S$300 million to expand its presence in India’s major data centre hubs. Using proceeds from this first close, the fund will acquire a 20.2% stake in each of three AI-ready, power-secured data centres in Mumbai, Chennai and Hyderabad from CapitaLand India Trust for about S$99.73 million, gaining exposure to a combined gross capacity of 200MW and securing a right of first offer on a fourth Bangalore data centre, thereby strengthening CapitaLand’s positioning in India’s fast-growing digital infrastructure market and supporting demand from hyperscalers and large enterprises.

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 Malaysia Trust to Acquire Five Industrial Properties in Johor for RM220.8 Million
Dec 22, 2025

CapitaLand Malaysia Trust has agreed, via its trustee MTrustee Berhad, to acquire five single-storey detached factory units with double-storey offices and ancillary buildings to be developed on freehold land in the i-TechValley, Phase 3, Southern Industrial and Logistics Clusters in Iskandar Puteri, Johor, for a total cash consideration of RM220.8 million. The non-related party transaction, representing about 4.2% of CLMT’s total asset value, signals the REIT’s continued expansion into industrial and logistics real estate, potentially enhancing portfolio diversification and future rental income from a strategic growth corridor in southern Malaysia.

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 Investment Expands Onshore Fund with New Sub-Fund Closure
Dec 11, 2025

CapitaLand Investment Limited has successfully closed its second onshore sub-fund, China Retail RMB Fund I, under its RMB Master Fund, securing a total fund size of RMB1 billion. The sub-fund will recapitalize CapitaMall Xinduxin, a prime retail asset in Qingdao, as its seed asset, reflecting CLI’s strategy to unlock capital for reinvestment and strengthen its position in the domestic market. This move underscores CLI’s ability to attract significant domestic investment and reinforces its domestic-for-domestic fund strategy, having raised nearly RMB55 billion across nine onshore funds since 2021.

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 Investment Partners on Johor Bahru’s Largest Retail Landmark
Nov 24, 2025

CapitaLand Investment Limited has partnered with Coronade Properties to develop the Coronation Square Mall in Johor Bahru City Centre, marking a significant cross-border retail collaboration in the Johor-Singapore Special Economic Zone. This development, strategically located in the Ibrahim International Business District, is expected to enhance the retail landscape and strengthen economic ties between the regions.

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 18, 2026