for over $1 billion
Lee Chee Koon, CEO of CapitaLand Investment Limited (CLI), was recently awarded the ‘Industry Figure of the Year’ for Asia Pacific at the prestigious PERE Global Awards 2024. This annual event, organized by the London-based private equity real estate publication, recognizes outstanding firms, individuals, and deals from the past year. CLI also received the runner-up award for ‘Firm of the Year’ in Asia Pacific, showcasing the company’s exceptional performance in the region.
The winners for 2024 were chosen by a panel of PERE journalists, a change from previous years where readers voted for the winners from a shortlisted group of submissions.
CLI, in a press release issued on March 4, stated that the CEO award for Lee is a testament to “his role in driving CLI’s transformational growth and his significant contribution to the private real estate industry in the Asia Pacific region.” Since taking over as CapitaLand’s group CEO in September 2018, Lee has led the company to make strategic moves such as the acquisition of Ascendas-Singbridge in 2019 and the restructuring of the CapitaLand Group in 2021. This move resulted in the listing of CLI and the privatization of its real estate development arm, CapitaLand Development.
In 2024, CLI also invested in real estate investment manager SC Capital Partners Group and acquired Wingate Group Holdings’ property and corporate credit investment business. According to the company, it is on track to manage $200 billion in funds by 2028, showcasing its strong growth potential.
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Lee Chee Koon, the current group CEO of CapitaLand Investment Limited (CLI), has recently been recognized as the ‘Industry Figure of the Year’ for Asia Pacific at the highly acclaimed PERE Global Awards 2024. PERE, a renowned London-based publication focusing on private equity real estate markets, hosts this event annually to honor top-performing firms, influential individuals and notable deals from the previous year. In addition, CLI was also awarded the runner-up prize for ‘Firm of the Year’ in the Asia Pacific region.
The winners of this year’s awards were selected by a panel of PERE journalists instead of the usual process, which involved shortlisting submissions and then having the readers vote for the winners.
In a press release issued on March 4, CLI announced that the prestigious CEO award for Lee is a recognition of “his contribution towards driving CLI’s remarkable growth and his significant impact on the private real estate industry in the Asia Pacific region.” Since taking over as CapitaLand’s group CEO in September 2018, Lee has spearheaded strategic moves, such as the acquisition of Ascendas-Singbridge in 2019 and the restructuring of the CapitaLand Group in 2021, which resulted in the listing of CLI and the privatization of its real estate development arm, CapitaLand Development.
In 2024, CLI also made significant investments in real estate investment manager SC Capital Partners Group and acquired Wingate Group Holdings’ property and corporate credit investment management business, establishing its strong position in the market. The company aims to manage $200 billion in funds by 2028, showcasing its potential for continued growth.
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