Capitaland is one of the largest real estate companies in Asia, and is headquartered in Singapore. The company was founded in the year 2000 after the merger of Pidemco Land and DBS land. The company deals with residential, commercial real estate, hospitality businesses, integrated developments, and real estate investment. The company owns properties in 160 cities in over 30 countries worldwide. The company is mainly focusing on developing and managing its properties in Singapore and China, though it is also expanding in other Asian countries like Vietnam, Indonesia, and Malaysia. The company owns and manages many of the properties it develops. The latest development will be Capitaland Pearl Bank Apartments which is called One Pearl Bank.
Capitaland Real Estate Developer
The Capitaland business can be classified into three main categories – retail for homes, commercial for offices, malls, shops and Ascott limited, the hospitality arm of the business. The corporate headquarters of Capitaland are located at Capital Tower, which is the fifth largest tower in Singapore. The company is listed on the Singapore stock exchange, and information is publicly available. The company is one of the largest real estate investment firms in the country and has also invested in five real estate investment trusts (REIT) which are listed in Singapore and Malaysia. It is periodically acquiring new assets from other firms like Temasek.
Capitaland Residential Developments and Shopping Centre
The company has developed a large number of integrated developments like Orchard residences, Raffles city which combine offices, shops and residences, so that people can have a better quality of living and do not waste their time traveling. The company has also developed a large number of popular malls. Bedok mall, Bugis Junction, Raffles city, Tampines mall are some of the famous shopping malls. The Jewel Changi at the Changi airport is also developed by the company. Additionally the company has developed shopping malls in various Chinese cities like Beijing, Shanghai, Suzhou, Guangzhou, Malaysian cities like Penang.
Capitaland High Quality Offices
The company has developed high quality offices in various countries like CapitaGreen, Asia Tower and Capital Tower. Some of the residential projects which are developed include Sky Vue, Sky Habitat, The Interlace. The Ascott limited is the fully owned subsidiary of Capitaland which focuses on providing high quality serviced apartments. The Ascott, Singapore was one of the first world class service residences in the Asia Pacific region when it opened in the year 1984. Since then the company owns more than 600 properties in 160 cities across the world, including Europe, Asia, Africa, Middle East North and South America. The company has a REIT which is specifically focusing on serviced residences.