If a deal were to happen, it could create one of Asia’s largest real estate companies
[SINGAPORE] A possible merger between two Temasek-linked real estate groups might require harmonising of environmental, social and governance (ESG) goals if a deal were to materialise.
CapitaLand Investment (CLI), in which Temasek holds a majority stake, and Mapletree Investments (MIPL), a wholly owned Temasek subsidiary, are considering a possible merger, Dow Jones reported last week, adding that the plans are preliminary.
In a statement, CLI declined to comment on rumours or speculation as a matter of policy, and said that it regularly explores and evaluates various investment opportunities that align with its strategic objectives. MIPL did not comment.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Delivered to your inbox. Free.
