for $300 mil
Lee Chee Koon, the group CEO of CapitaLand Investment Limited (CLI), has been honoured with the prestigious title of ‘Industry Figure of the Year’ for Asia Pacific at the 2024 PERE Global Awards.
These annual awards, which are hosted by a London-based publication that covers private equity real estate markets, recognize influential firms, individuals, and outstanding deals from the previous year. In addition to this accolade, CLI was also the runner-up in the ‘Firm of the Year’ category for Asia Pacific.
Unlike previous editions, where reader votes determined the winners, the 2024 winners were selected by a panel of judges from the PERE publication. In a press release on March 4, CLI stated that CEO Lee’s award is a testament to his leadership in driving the company’s transformational growth and his significant contributions to the private real estate industry in the Asia Pacific region.
Since assuming the role of CapitaLand’s group CEO in September 2018, Mr Lee has spearheaded key initiatives that have contributed to the company’s success. These include the acquisition of Ascendas-Singbridge in 2019 and the 2021 restructuring of the CapitaLand Group, which resulted in the listing of CLI and the privatization of its real estate development arm, CapitaLand Development.
In 2024, CLI made pivotal investments in real estate investment manager SC Capital Partners Group and acquired Wingate Group Holdings’ property and corporate credit investment management business. With a goal to manage $200 billion in funds by 2028, the company is on track to achieve this target.
In conclusion, Lee Chee Koon’s recognition as ‘Industry Figure of the Year’ for Asia Pacific is a testament to his outstanding leadership and contributions to the growth and success of CapitaLand Investment Limited.