CapitaLand Investment stock gains 1.63 percent and bid advances

Published on 10/08/2026 at 04:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CapitaLand Investment stock now has a 50-50 One Raffles Place bid in exclusive due diligence on October 7. First-half net profit reached SGD 327 million, up from SGD 143.5 million.

CapitaLand Inv, SGXE62145532, Illustration mit AI erstellt.

CapitaLand Investment Limited stock (ISIN SGXE62145532) was last at SGD 2.49 on the Singapore Exchange on October 7, 2026 at 5:09 p.m. SGT, up 1.63 percent. The latest company-linked development is a 50-50 joint bid with IOI Properties for One Raffles Place.

One Raffles Place enters due diligence

According to The Business Times on October 8, 2026, CapitaLand Investment and IOI Properties entered exclusive due diligence for the acquisition. The joint offer was submitted to OUE REIT and UOB, with each buyer holding a 50 percent stake in the proposed bid.

The development gives CapitaLand Investment a potential route into a landmark Singapore central business district asset, but exclusive due diligence is still a stage before a completed transaction. The property includes office buildings and a retail podium, making execution and eventual funding central to the investment case.

Fee income lifts first-half profit

CapitaLand Investment reported SGD 1.06 billion of quarterly revenue and SGD 327 million of net profit for the quarter ended June 30, 2026, compared with SGD 520 million of revenue and SGD 143.5 million of net profit a year earlier, according to Markets Insider. The comparison points to a sharp year-over-year increase, although the figures include the company's broader real asset management and investment activities.

CapitaLand Investment's operating platform also carries a sustainability financing angle. In its October 2, 2026 release, CapitaLand Investment said it and its listed funds had secured SGD 3.3 billion of sustainable financing by the end of June 2026, including SGD 2.9 billion in sustainability-linked loans.

Consensus target stays above market price

The analyst consensus is Strong Buy from 15 analysts, with an average price target of SGD 3.41, according to Stock Analysis. The target lies 36.95 percent above the SGD 2.49 price on October 7, 2026.

That valuation gap contrasts with the stock's operating risks. Morningstar identifies higher-for-longer interest rates as a bear-case factor because they can make fundraising and profitability more difficult.

Stock trades below yearly high

CapitaLand Investment was last at SGD 2.49 on the Singapore Exchange on October 7, 2026 at 5:09 p.m. SGT, while its market capitalization stood at SGD 12.43 billion on the same date. The next confirmed earnings date is November 4, 2026.