SINGAPORE, CapitaLand Investment Ltd (CLI) has issued a statement addressing a report by The Wall Street Journal (WSJ) suggesting that the company is exploring a potential merger with Mapletree Investments Pte Ltd.
In its statement, CLI said it “does not comment on rumours or speculation” and declined to provide further details regarding the report.
Earlier on Monday, WSJ reported that the two Singapore-based property giants were in the very early stages of evaluating a possible merger, which could potentially create one of the region’s largest real estate investment and management groups.
The report also noted that discussions are still preliminary, and there is no certainty that any agreement will be reached.
CapitaLand Investment, which manages a global portfolio of real estate assets across multiple markets, was listed on the Singapore Exchange in 2021 following the restructuring of CapitaLand Ltd. Mapletree, meanwhile, is a government-linked real estate developer and investment firm wholly owned by Temasek Holdings.
Both companies are considered major players in Asia’s property sector, with extensive portfolios spanning commercial, logistics, and residential developments. A merger, if it materialises, could reshape Singapore’s real estate landscape and strengthen their combined global presence.
