CapLand Investment (9CI.SI) - I think gd price is back.
At 2.78, yield is about 4.3 percent.
Assets light and earnings is based on management fees, interest loan fees seem sustainable.
With the recent Income 8 assets to let CapitaLand manage their properties, management fees likely get boosted for Y2026.
Yiled is pretty decent 4.3 percent.
Pls dyodd.
Phillip Securities has a TP of 3.69.
1Q26 revenue of S$487mn (-2% YoY) was slightly below our estimates, forming 21% of our FY26e forecast.
Fee-related revenue was the standout performer, rising 10% YoY, driven by strong growth in listed (+14%) and private funds (+58%) management, while REIB revenue declined 14% following the divestment of the Synergy platform.
CapitaLand Investment's (SGX:9CI) fee-related revenue rose 10% year over year to SG$310 million during the first quarter of the year, according to a Wednesday filing with the Singapore Exchange.
The increase in fee-related revenue was driven by strong growth in listed funds, including the company's share of SC Capital Partners' fee revenue....