CapitaLand Investment and Mapletree explore merger to form Asia-Pacific real estate giant with $150B+ assets.

Singapore-based property firms CapitaLand Investment and Mapletree Investments are exploring a potential merger that could create one of the largest real estate companies in the Asia-Pacific region, with combined assets exceeding $150 billion, according to a November 3, 2025, report. Both companies are linked to Singapore’s state investor Temasek, which owns Mapletree fully and holds a 54% stake in CapitaLand Investment. The talks are in early stages, with no guarantee a deal will be reached. The proposed combination aims to strengthen global competitiveness within Temasek’s portfolio. Neither company confirmed the reports, with CapitaLand stating it evaluates strategic opportunities to deliver long-term shareholder value. The outcome remains uncertain.