CapitaLand Investment Limited has won a S$2.4 billion (£1.4bn, €1.6bn) investment mandate to manage Income Insurance’s direct real estate portfolio, which comprises retail, commercial and industrial assets held directly by Income Insurance and through its joint ventures. The new investment mandate adds to CLI’s strong deal momentum in Singapore, with over S$12.1 billion of transactions in 2025 and year-to-date 2026.
