CapitaLand Investment revenue hits $2.10b in 9M 2024

Its Fee Income-Related Business drove the increase.

CapitaLand Investment (CLI) ended 9M 2024 with a $2.10b revenue, slightly higher than the 9M 2023 record of $2.09b.

CLI attributed the increase to its Fee Income-Related Business (FRB), which recorded a 6% YoY higher revenue of $845m.

FRB accontes for 37% of CLI's total revene

Its Real Estate Investment Business (REIB), which accounts for a wider portion at 63%, saw a revenue decline of 2% year-over-year to $1.42b.

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CapitaLand Investment Limited

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