CapitaLand

𝙉𝙤𝙩 𝙟𝙪𝙨𝙩 𝙮𝙤𝙪𝙧 𝙩𝙮𝙥𝙞𝙘𝙖𝙡 𝙬𝙤𝙧𝙠𝙥𝙡𝙖𝙘𝙚: Beyond being a science and tech innovation hub for work, #SingaporeSciencePark has evolved into a hotspot for lifestyle and social activities too! With enhanced placemaking initiatives and amenities, Singapore Science Park (SSP) seamlessly integrates all facets of a well-rounded work life in a work-live-play approach. “As a master developer and park operator, #CapitaLand consistently reinvents its #realestate offerings. For instance, we have enhanced Singapore Science Park’s amenities and community programming to create a conducive environment for innovation to thrive,” said Peet Mun Chew, managing director of Investment and Development at CapitaLand Development (Singapore). Through a curated mix of facilities, industry activities, and engagement programmes, the SSP community enjoys an enriched workplace experience and vibrant communal spaces. Geneo, the newest #lifesciences and #innovation cluster, adds approximately 53,800 sq ft of dining, retail and lifestyle options, a versatile all-weather event plaza, and sustainable commuting amenities. Swipe to see five key features that make SSP a great place to work, live, and play! Read more about the placemaking initiatives and amenities at SSP here: https://bit.ly/3LoabeV

CapitaLand Investment (#CLI) has successfully raised RMB1 billion (c.S$186 million) from the second tranche of its inaugural sustainability-linked panda bond. This brings the total amount raised to RMB2 billion (c.S$372 million). Investor demand for the panda bond continues to be strong, affirming investors’ confidence in CLI with an order book that was 2.64 times subscribed. The second and final tranche was issued at a fixed coupon rate of 2.8% per annum, a record low for panda bonds with a three-year tenor issued under a private placement. This contributes to lowering CLI’s financing cost. The panda bond also enabled CLI to tap on lower-cost RMB capital to mitigate foreign exchange fluctuations as part of its ongoing prudent #capitalmanagement. Net proceeds will be used to refinance its existing borrowings. Read for more:  https://bit.ly/PandaBo2 Tze Shyang Puah #debtcapital #sustainability

Startups within Singapore’s science and innovation industry have seen exponential growth, with many of them being able to thrive. A key driver of this success lies in companies like Johnson & Johnson Innovation – JLABS, which play a pivotal role in nurturing these budding #startups. As an incubator set up by Johnson & Johnson Innovation in collaboration with Singapore Economic Development Board (EDB), the first-of-its-kind JLABS supports early-stage healthcare startups in bringing their innovative solutions to market. To cultivate the next generation of healthcare innovators in Singapore, JLABS recognises the importance of working within a research, development and technology hub. Located at Ascent within the Singapore Science Park, JLABS is in close proximity to prominent institutions and companies in the life science community, including National University Hospital, A*STAR - Agency for Science, Technology and Research, Asia Pacific Medical Technology Association (APACMed), and biotech firm Hummingbird Bioscience. This proximity provides numerous opportunities for ecosystem-building for its portfolio companies. To find out more about how JLABS is transforming the healthcare startup ecosystem, visit: https://bit.ly/3xH8hmv 📷: JLABS, CapitaLand #CapitaLand #SingaporeSciencePark #biotech #startups #healthcare

India is a hotspot for DC investments. With growing digital services sectors, strong government support, and robust long-term economic prospects, the country’s DC industry is poised for long-term growth. It will be crucial for investors to collaborate with an expert partner who can navigate the country’s regulatory complexities to tap into the wealth of opportunities in India’s DC sector. For more insights, read: https://bit.ly/PerAPACDC   #CLIResearch #DataCentres #India Sanjeev Dasgupta Wayne Teo

The investment landscape in Asia Pacific (APAC) presents a wealth of opportunities across various sectors as we look ahead into the second half of 2024.   Jeremy Choy, Managing Director, Funds Management at CapitaLand Investment, was featured in the latest issue of Asia Pacific Real Assets Association (APREA) Market Flash, where he shared his views on investment themes and emerging trends impacting the real assets industry for the rest of the year.   “This will be a good vintage for investing in higher-return value-add and opportunistic real estate opportunities in APAC, focused on the four developed economies of Japan, South Korea, Singapore, and Australia. Historically, there is a narrow buying window in a period of market dislocation before being crowded out by the rising confidence of a recovery.”   Read more insights from Jeremy and other market leaders: https://lnkd.in/gGksgVBB   #APREA #ThoughtLeadership #AsiaPacific #RealAssets

🤝⚽CapitaLand Investment’s (#CLI) wholly owned lodging business unit The Ascott Limited (Ascott) has scored several major milestones in the European market as it accelerates its global expansion strategy. This includes Ascott’s addition of six new properties to its European portfolio, marking the debut of 𝙏𝙝𝙚 𝙐𝙣𝙡𝙞𝙢𝙞𝙩𝙚𝙙 𝘾𝙤𝙡𝙡𝙚𝙘𝙩𝙞𝙤𝙣 brand and expansion of the 𝙡𝙮𝙛 brand in the region. These new signings will boost Ascott’s portfolio in Europe by 14% to about 8,000 units across six brands, and extend Ascott’s presence in the region to 29 cities from 24. Of note is Ascott’s strategic multi-year partnership with Chelsea Football Club (Chelsea), becoming the 𝙊𝙛𝙛𝙞𝙘𝙞𝙖𝙡 𝙂𝙡𝙤𝙗𝙖𝙡 𝙃𝙤𝙩𝙚𝙡𝙨 𝙋𝙖𝙧𝙩𝙣𝙚𝙧 of the English Premier League club, where Ascott will assume management of the 232-unit stadium hotels at London’s Stamford Bridge, home of Chelsea, from 2H 2024. To be rebranded as lyf Stamford Bridge London in 2H 2025, the properties will be an anchor showcase of Ascott’s hospitality to Chelsea fans from around the world. Mr Kevin Goh, CEO for CLI Lodging and Ascott, said: “Europe plays a key role in Ascott’s expansion plans. The diverse and dynamic nature of its hospitality sector offers plenty of scope for Ascott to drive more successful partnerships with owners. With five of the six new signings in Europe year to date being conversion projects, Ascott’s established suite of conversion capabilities has already been proven effective in gaining the confidence of property owners. We expect franchise management to be our next pillar of growth in Europe, where market conditions are conducive for this business segment. For our existing owners, we will continue to deliver sustained value by embarking on asset enhancement initiatives that elevate the stay experiences of guests.” Mr Ngor Houai LEE, COO for Europe, Middle East, Africa, South Asia and China, Ascott, added: “Our European portfolio has been delivering strong performance, driving average daily rates of almost 30% higher than pre-pandemic levels. In 2023, our properties in Europe far exceeded all other markets in terms of revenue per available unit and contributed to almost 16% of Ascott’s global revenue. By expanding and strengthening Ascott’s presence in some of Europe’s key markets, we will be better positioned to capture the growth opportunities in Europe and contribute to the region’s thriving tourism sector.” For more information on the announcement, read: https://lnkd.in/gC_N2PMe The Ascott Limited #ChelseaFC #GameOnStayOn #Hospitality #LoyaltyProgramme Chelsea Football Club

Creating people-first spaces contributes significantly to the environmental and social well-being of communities, supporting sustainable development in the #realestate industry. At the International WELL Building Institute (IWBI) 2024 WELL Regional Summit in Tokyo, Giovanni Cossu, Head of Sustainability at CapitaLand Development, addressed the topic "Building Resilience: People, Place & Policies." A key takeaway from the discussion was that spaces designed to enhance human health and well-being can lead to higher quality of life standards across different geographies and jurisdictions. This holistic approach goes beyond certifying spaces; it considers various stakeholders — from occupants to corporations — and addresses impacts at multiple levels, from individual buildings to entire communities. In our continued commitment to adopting #sustainable design standards in our core markets, Jack Noonan, Vice President at IWBI, shared his experience on prioritising people in healthy building design during a learning session for our employees earlier this year. He explained that the WELL standard is an evidence-based certification that focuses on the health and well-being of both space occupants and the broader community. The session underscored that investing in health pays off, as WELL-certified spaces not only enhance employee performance and engagement but also have the potential to increase financial returns. Thanks, Jack, for the insightful virtual session! #CapitaLandDevelopment #SustainableCapitaLand #LifeAtCapitaLand

CapitaLand India Trust (CLINT) has been assigned their first ‘BBB-’ rating with stable outlook by Fitch Ratings.   The rating is underpinned by CLINT’s high-quality portfolio of business parks with Grade A offices in India, which is expected to sustain high occupancy rates and positive rental reversions amid strong demand for IT outsourcing services. Key rating drivers include an established record of prudently managing development risks, maintaining a healthy capital structure with gearing of below 40% and an experienced asset-management team backed by its sponsor CapitaLand Investment to manage execution risk. DBS Bank was the credit rating advisor for CLINT’s rating. Read more: https://bit.ly/CLINTBBB   #CLINT #India #businessparks

The scale at which data is being used and managed is a global phenomenon, but nowhere is it unfolding as rapidly as in APAC. Find out more in our latest research paper on “Asia Pacific Data Centre (DC) Investment Strategies in the Age of Digitalisation”. Leveraging insights from CapitaLand Investment’s expertise on the ground, the research paper highlights the demand drivers behind the rapid growth of DCs in the region and strategic investment considerations for investors. For more insights, read: https://bit.ly/PerAPACDC #CLIResearch #DataCentres #APAC Wayne Teo Michelle Lee Eugene S.

Darren Teoh 張學廣, Vice President of Group Sustainability at #CapitaLand Investment (CLI), recently participated in a panel discussion at the CleanEnviro Summit Singapore 2024 (#CESG2024). Hosted by Plug and Play APAC in partnership with the Australian Trade and Investment Commission (Austrade), the discussion was on “Closing the Loop: Circular Economy from Waste to Building Materials”, where Darren emphasised the critical need to reduce emissions related to building materials to combat climate change. He highlighted building reuse or adaptive reuse as practical solutions that minimise emissions, reduce construction waste, and often shorten construction timelines, allowing assets to generate income sooner. Ted Howland, Vice President of Group Sustainability at CLI, also spoke at the “Investing and Growing Partnerships with Startups” panel hosted by Enterprise Singapore. Ted discussed #CLI’s commitment to pilot testing with startups and innovative technologies. As part of the CapitaLand Sustainability X Challenge (CSXC), CapitaLand has supported 30 innovators through a mentorship programme that includes both external and internal mentors to prepare them for implementations within CapitaLand’s assets. Later that week, Ted Howland also participated in a panel at the Singapore International Water Week (SIWW)’s Climate Resilience Forum, “Strengthening Urban Resilience to Measure and Mitigate Climate Risks.” where he discussed the importance of partnerships and collaboration in CapitaLand’s sustainability initiatives, emphasising their role in mitigating climate risks. #SIWW For more information about our sustainability initiatives, check out the CLI Global Sustainability Report 2023: https://bit.ly/Clisusty