CapitaLand Investment Limited (CLI) has entered into an agreement to acquire an initial 40% stake in SC Capital Partners Group (SCCP) for $214 million (S$280 million). The remaining shares in SCCP will be purchased incrementally over the next five years.

As part of this partnership, CLI will commit at least $400 million in strategic capital to SCCP’s fund strategies to support the platform's expansion. Headquartered in Singapore, SCCP is a real estate investment manager focused on the Asia-Pacific region, with operations in eight locations and a total funds under management (FUM) of $8.2 billion.

This acquisition is set to significantly enhance CLI’s presence in Japan, tripling its FUM in the country from S$2.9 billion to approximately S$11 billion. It also strengthens CLI’s position as one of Asia-Pacific’s largest managers of real estate investment trusts (REITs) by market capitalization, incorporating SCCP’s management of the Japan Hotel REIT (JHR).

Leadership Perspectives

Lee Chee Koon, Group CEO of CLI, stated:
“This acquisition aligns with our strategy to enhance our capabilities and expand across key markets, accelerating CLI’s growth as a global real asset manager and delivering greater value for stakeholders. SCCP’s portfolio and geographic footprint complement ours, and their expertise will solidify our position in the region.”

Suchad Chiaranussati, Chairman and Founder of SCCP, commented:
“We are thrilled to partner with CLI to seize growth opportunities and address market shifts in Asia-Pacific’s real estate investment management sector. This partnership will provide SCCP with access to additional resources, enabling faster capital deployment and scaling up, which is increasingly critical. Together, we aim to drive sustained growth.”