CapitaLand Investment secures S$261 mn commitment from Mitsui O.S.K. Lines

07 Nov 2024 CW Team

CapitaLand Investment Limited (CLI), a global leader in real asset management, has secured a capital commitment of S$261 million from Mitsui O.S.K. Lines, Ltd. (MOL), a prominent Japanese shipping company. The funding will support CLI’s Southeast Asia (SEA) and India private funds, including the CapitaLand SEA Logistics Fund (CSLF) and the CapitaLand India Growth Fund 2 (CIGF2).

MOL’s investment includes a commitment of $130 million to CSLF, CLI’s first logistics fund focused on SEA, bringing CSLF’s total equity size to S$400 million. Similarly, CLI has closed CIGF2 with a S$131 million contribution from Daibiru Corporation, MOL’s real estate subsidiary. This increases the funds under management (FUM) of both funds to over $1 billion each.

CLI’s strategic focus includes investing in smart logistics infrastructure in SEA and Grade A business parks in India’s gateway cities. Notable assets include the International Tech Park Chennai and OMEGA 1 Bang Na in Thailand, both key projects in their respective markets. CLI remains a key sponsor in both funds, driving growth through an asset-light strategy and maintaining strong alignment with its partners.

Group CEO Lee Chee Koon emphasized the vast potential of markets in SEA and India, driven by urbanization and supply chain digitalisation, and stressed CLI's expertise in sourcing off-market deals and delivering strong returns to investors.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Caterpillar Debuts Three New Cat Excavators at EXCON 2025

Caterpillar Inc., a global leader in construction and mining machinery, strengthened its commitment to India’s infrastructure growth with the debut of three new Cat® hydraulic excavators at EXCON 2025, held from December 9–13 at the Bangalore International Exhibition Centre. The new models—Cat 321, Cat 322 and Cat 324—mark a significant step forward in delivering efficient, digital-ready equipment tailored for India’s evolving construction needs.Designed to support sustainability and productivity on modern jobsites, the machines feature advanced powertrains and intelligent electrohy..

JK Tyre Expands OTR Lineup with Four New Launches at EXCON 2025

JK Tyre & Industries, one of India’s leading tyre manufacturers, introduced four new Off-the-Road (OTR) tyres at the 13th edition of CII EXCON 2025, South Asia’s largest construction equipment exhibition, underway at the Bangalore International Exhibition Centre. The latest additions strengthen the company’s OTR portfolio and reaffirm its focus on delivering advanced mobility solutions for construction, mining and industrial operations.The new tyres were unveiled by R Mukhopadhyay, Director (R&D), JK Tyre. Among the highlights was the debut of the SKY GRIP, a specialised tyre des..