Around four months ago, CapitaLand Limited (SGX: C31) surprised the market with a proposal to privatise its property development arm to restructure itself into a real estate investment manager (REIM).

This move will split the company into two, with the development division fully owned by CLA Real Estate, a unit of Temasek Holdings.

CapitaLand’s investment division will be separately spun off as “CapitaLand Investment Management” or CLIM and will be listed on the Singapore stock exchange.

The group has provided a more comprehensive presentation on the benefits of this corporate action, as well as a definitive timeline on when this will take place.

Here are five benefits that investors can expect.

1. Healthy growth potential in Asia

The spin-off of CLIM will create a global REIM with a presence in more than 30 countries and over 230 cities.

CapitaLand’s core markets remain Singapore, China and India, and the group is present in the five key verticals of retail, integrated developments, office, lodging and new economy.