CapitaLand Investment H1 profit falls 19% to S$351 million on lower portfolio gains

📆 11-8-2023 05:04:00
📰 straits_times

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Company raised $1.3 billion from international institutional investors for three of its private funds. Read more at straitstimes.com.

SINGAPORE - CapitaLand Investment posted a 19 per cent drop in net profit to $351 million for its first half ended June 30, from $433 million in the previous corresponding period.

The amount comprises $870 million for its CapitaLand China Opportunistic Partners Programme, $134 million for its flagship regional core-plus fund, CapitaLand Open End Real Estate Fund, and $263 million for its new India business park development fund, CapitaLand India Growth Fund 2.

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