Companies/Singapore • Curated by Admin Timeline.sg
CapitaLand Investment (CLI) is a Singapore-based global real estate investment manager, formed from the restructuring of CapitaLand Group in 2021. This timeline traces its corporate history from the merger of DBS Land and Pidemco Land in 2000 to its current standing as a leading real estate investment manager listed on the Singapore Exchange.
Chronological Storyline (38 Milestones)
1994 CE
DBS Land incorporated
DBS Land is established as the property arm of DBS Bank, marking the beginning of CapitaLand's corporate lineage. #realestate #Singapore
DBS Land incorporated By User:Sengkang - Own work, Copyrighted free use, https://commons.wikimedia.org/w/index.php?curid=761394
1996 CE
Pidemco Land incorporated
Pidemco Land is incorporated, later merging with DBS Land to form CapitaLand. #realestate #Singapore
Nov 28, 2000 CE
CapitaLand listed on SGX
CapitaLand is listed on the Singapore Exchange (SGX), raising capital for expansion. #realestate #IPO
Nov 1, 2000 CE
Liew Mun Leong appointed first CEO
Liew Mun Leong is appointed as the first Group CEO of CapitaLand, leading its initial growth. #leadership #realestate
Nov 1, 2000 CE
Merger of DBS Land and Pidemco Land
DBS Land and Pidemco Land merge to form CapitaLand, creating one of Asia's largest real estate companies. #realestate #merger
2001 CE
Entry into China market
CapitaLand enters China with the acquisition of properties, beginning its international expansion. #realestate #China
Jul 17, 2002 CE
CapitaLand Mall Trust IPO
CapitaLand launches the first REIT in Singapore, CapitaLand Mall Trust (CMT), pioneering the REIT market. #REIT #realestate
2003 CE
First Raffles City in Shanghai
CapitaLand opens its first Raffles City integrated development in Shanghai, a landmark project. #realestate #China )
2004 CE
Pioneers shopping mall management in China
CapitaLand introduces professional shopping mall management in China, setting industry standards. #realestate #China
2005 CE
Expansion into Vietnam
CapitaLand enters Vietnam, acquiring properties and expanding its Southeast Asian footprint. #realestate #Vietnam
2005 CE
CapitaLand Foundation established
CapitaLand establishes the CapitaLand Foundation to support community and educational initiatives. #CSR #realestate
Dec 8, 2006 CE
CapitaLand Retail China Trust IPO
CapitaLand Retail China Trust (CRCT) is listed on SGX, providing exposure to Chinese retail properties. #REIT #China
2006 CE
Net profit reaches S$1 billion
CapitaLand's net profit exceeds S$1 billion for the first time, reflecting strong growth. #financialperformance #realestate
2007 CE
Acquires 50% stake in Mirvac
CapitaLand acquires a 50% stake in Australian property group Mirvac, expanding into Oceania. #realestate #Australia
Acquires 50% stake in Mirvac By Mirvac - Mirvac web, PD, https://en.wikipedia.org/w/index.php?curid=56661933
2008 CE
Wins Euromoney award
CapitaLand is named 'World's Best Real Estate Company' by Euromoney, a testament to its global standing. #award #realestate
2009 CE
Formation of The Ascott Limited
CapitaLand establishes The Ascott Limited, a global serviced residence brand, expanding into hospitality. #hospitality #realestate
May 6, 2010 CE
CapitaLand Commercial Trust IPO
CapitaLand Commercial Trust (CCT) is listed on SGX, offering investors exposure to office properties. #REIT #realestate
2011 CE
Entry into Japan market
CapitaLand enters Japan, acquiring office and retail assets in major cities. #realestate #Japan
2012 CE
Entry into India market
CapitaLand expands into India, acquiring properties in Bangalore and other cities. #realestate #India
2013 CE
Assets under management reach S$30 billion
CapitaLand's assets under management (AUM) surpass S$30 billion, marking a key milestone. #growth #realestate
2014 CE
Raffles City Chengdu opens
CapitaLand opens Raffles City Chengdu, a major integrated development in western China. #realestate #China
Mar 1, 2015 CE
Lim Ming Yan appointed Group CEO
Lim Ming Yan succeeds Liew Mun Leong as Group CEO, overseeing continued expansion and digitalization. #leadership #realestate
2016 CE
CapitaStar digital platform launched
CapitaLand launches CapitaStar, a mobile app for loyalty rewards at its malls, enhancing customer engagement. #digital #retail
2017 CE
AUM reaches S$100 billion
CapitaLand achieves a landmark AUM of S$100 billion, solidifying its position as a global real estate powerhouse. #milestone #realestate
2018 CE
Acquires full ownership of Ascott REIT manager
CapitaLand acquires the remaining stake in the manager of Ascott REIT, consolidating its hospitality REIT management. #REIT #hospitality
2019 CE
Merger of CCT and CMT to form CICT
CapitaLand merges CapitaLand Commercial Trust and CapitaLand Mall Trust to create CapitaLand Integrated Commercial Trust (CICT), one of Asia's largest REITs. #REIT #merger
2020 CE
Green bond issuance
CapitaLand issues its first green bond, raising S$1 billion to finance sustainable projects. #sustainability #realestate
Mar 1, 2021 CE
Restructuring announced
CapitaLand announces a restructuring to separate its investment management (CLI) and development (CLD) businesses. #corporate #restructuring
Sep 20, 2021 CE
CapitaLand Investment listed on SGX
CapitaLand Investment (CLI) debuts on SGX, focusing on real estate investment management. #realestate #IPO
Sep 1, 2021 CE
Lee Chee Koon appointed CLI CEO
Lee Chee Koon is appointed as CEO of CapitaLand Investment, leading the newly formed entity. #leadership #realestate
2022 CE
Acquires manager of CapitaLand Retail China Trust
CLI acquires the manager of CRCT, strengthening its China retail REIT platform. #REIT #China
2022 CE
Expansion into logistics
CLI acquires logistics assets in Singapore and Australia, diversifying into industrial real estate. #logistics #realestate
2023 CE
Entry into data centres
CLI enters the data centre market, acquiring assets in Singapore to tap into digital infrastructure. #datacenter #realestate
2023 CE
First data centre fund launched
CLI launches a private equity fund focused on data centres, raising capital for expansion. #fundraising #datacenter
2024 CE
Acquisition of European real estate manager
CLI acquires a European real estate investment manager, expanding its presence in Europe. #realestate #Europe
2024 CE
Expands into Japan data centres
CLI acquires a data centre portfolio in Japan, further building its digital infrastructure platform. #datacenter #Japan
2024 CE
AUM surpasses S$200 billion
CapitaLand Investment's assets under management exceed S$200 billion, reflecting strong growth and fund-raising. #milestone #realestate
2025 CE
Launches sustainable finance framework
CLI introduces a sustainable finance framework to issue green bonds and social bonds. #sustainability #finance