Movers & Shakers 2026

Property

CapitaLand downplays Mapletree merger rumours; preps second C-REIT IPO and data centre platform

On Feb 11, during CapitaLand Investment’s (CLI) FY2025 results briefing, Lee Chee Koon, group CEO of CLI, remarked: “I think all of you are here today expecting some announcements. Yesterday, I received a number of WhatsApp messages from friends [and] media analysts.” He was referring to market talk on Feb 10 that CLI and Mapletree planned to announce their long-rumoured merger during the briefing.