Are there any risks in the capital of CapitaLand Real Estate?

The assets are good and there is no risk. CapitaLand has become Asia's largest real estate asset management company and the world's third largest real estate asset management company, with an output value of US$86 billion. CapitaLand is part of the CapitaLand Group, backed by CapitaLand Fund, and has sufficient funds.

1. Starting from the first office building Shanghai Baiteng Building in 1994, CapitaLand has developed rapidly. It has a presence in first- and second-tier core cities, with assets under management of approximately RMB 280 billion, and an investment property reserve of over RMB 117.3 billion.

2. In 2018, CapitaLand and the Ningbo Haishu District Government invested 15 billion yuan to jointly develop a new generation industrial park project, the Zhongxin Chuangzhi (Ningbo) Industrial Park. It is a joint venture between Singaporean enterprises and the Ningbo local government. The first collaborative project of its kind within city limits.

3. In April 2021, CapitaLand announced the acquisition of a hyperscale data center park in Shanghai for 3.66 billion yuan. This is CapitaLand's first data center project in China.

4. In June 2021, CapitaLand and Ping An of China signed a cooperation agreement. The total asset value of this asset portfolio is 46.7 billion yuan.

5. As of June 30, 2021, CapitaLand’s assets under management (AUM) were approximately S$119 billion (approximately RMB 570 billion), of which more than 80% were located in Asia.