Core Insights - CapitaLand Investment announced the completion of fundraising for its second domestic sub-fund under the RMB mother fund platform, expected to add approximately 1.48 billion yuan to its asset management scale [1] - Since 2021, CapitaLand Investment has established nine onshore RMB funds, raising nearly 55 billion yuan in domestic capital [1] Fundraising and Asset Management - The newly raised funds will be used to restructure the capital structure of the CapitaLand MALL•Xinduxin project, located in Qingdao, with a total construction area of 141,000 square meters and an occupancy rate of approximately 99.6% [1] - CapitaLand Investment will continue to manage the operations of the project, generating recurring fee income [1] Strategic Focus - The Chief Investment Officer of CapitaLand Investment (China) stated that the capital structure restructuring of the CapitaLand MALL•Xinduxin project reflects the strategy of utilizing RMB funds to achieve quality asset circulation [1] - The company has completed capital restructuring of approximately 6.7 billion yuan in assets in the Chinese market, with recovered funds being used to explore new growth opportunities [1] Asset Portfolio - CapitaLand Investment currently holds a diverse asset portfolio in first-tier and strong second-tier cities, including shopping centers, industrial parks, logistics parks, and rental housing, supporting the future establishment of more sub-funds under the RMB mother fund [1]

Group 1 - The core point of the news is that CapitaLand Investment has successfully raised its second domestic sub-fund under its RMB mother fund platform, reaching a total scale of 1 billion RMB, which is expected to increase its asset management scale by approximately 1.48 billion RMB [1] - The newly raised fund, China Retail RMB Fund (CRF I), has attracted multiple local institutional investors in addition to the capital commitment from the mother fund [1] - Since 2021, CapitaLand Investment has established nine onshore RMB funds, accumulating nearly 55 billion RMB in domestic fundraising [1] Group 2 - CapitaLand Investment's first sub-fund under the RMB mother fund, China Industrial Park Fund IV, completed fundraising in September 2025 with an asset management scale of 1.74 billion RMB, using the Dalian Tengfei Park project as a seed asset [2] - The company has a rich asset reserve in first-tier and strong second-tier cities, including shopping centers, industrial parks, logistics parks, and rental housing, which supports the establishment of more sub-funds in the future [2] - The CapitaLand Mall New Central project in Qingdao, with a total construction area of 141,000 square meters and an occupancy rate of approximately 99.6%, will be restructured into the capital structure of CRF I as a seed asset [1]