CapitaLand is a Singapore-headquartered real estate conglomerate, with operations in 146 cities in 27 countries. Its operation encompasses 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 company holds large minority stakes in its listed entities and retains management rights over the trusts. The latter provides steady, recurring income.