377 views
Photo from CLI

CapitaLand Investment’s Q1 revenue drops 24% YoY

CLI reported a total revenue of $496m.

CapitaLand Investment (CLI) reported a 24% year-on-year (YoY) drop in total revenue in Q1 2025 to $496m.

Revenue from the Real Estate Investment Business (REIB) fell 6% YoY to $242m, contributing 46% of total revenue. Meanwhile, the Fee Income-related Business (FRB) rose 3% YoY to $281m, accounting for the remaining 54%.

In a bourse filing, CLI said the drop in total revenue was mainly due to the deconsolidation of CapitaLand Ascott Trust (CLAS), following its divestment of a 4.9% stake, and the lower REIB revenue.

Meanwhile, the increase in FRB was driven by growth in the listed funds management, lodging management, and commercial management segments, which posted YoY increases of 3%, 2%, and 4%, respectively.

Retail and office occupancy in its Singapore portfolio remained unchanged at 99% and 98%, respectively, whilst occupancy for business parks, logistics, and industrial assets held steady at 92%.

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.