CapitaLand

Few real estate players in Asia Pacific match the executional depth of CapitaLand. From Singapore, the group manages a workforce of approximately 13k and generates close to $6B in revenue, while steadily widening the gap with regional peers.

The group's regional balance sheet allows it to invest counter-cyclically, an advantage few competitors can match in the current rate environment.

“CapitaLand is, in its category, exactly the kind of compounding regional champion the next decade of capital allocation will reward.”

Governance upgrades and a more transparent disclosure cadence are gradually narrowing the historical valuation gap with global peers.