CapitaLand is a Singapore-headquartered real estate conglomerate, with operations in 30 countries. Its operation covers all phases of the real estate value chain, including design, development, and active asset management. Its portfolio of assets spans residential including multifamily homes, office, retail, and service residence. The acquisition of Ascendas-Singbridge added business parks and logistics. The company holds large minority stakes in its listed entities, retains management rights over the trusts and also operate a fund management business. The latter provides steady, recurring income in dividends and fee income.