Melbourne, 5 June 2025

Reaffirms position as one of Australia’s leading private credit investment managers

Today, Wingate has joined CapitaLand Investment (CLI) following the completion of CLI’s acquisition of Wingate’s property and corporate credit investment management business. The transaction strengthens Wingate’s position as one of the leading private credit platforms in Australia.

Headquartered and listed in Singapore, CLI had S$117 billion of funds under management as at 31 March 2025, held via stakes in seven listed real estate investment trusts and business trusts and a suite of private real asset vehicles that invest in demographics, disruption and digitalisation-themed strategies.

Backed by the strength and international reach of CLI, this combination will open up a range of new opportunities for Wingate’s co-investors, borrowers and business partners. It also expands CLI’s private credit business and portfolio in Australia, while strengthening its deal origination capabilities and broadening its access to institutional and private investors in the country.

Over the past 20 years, Wingate has executed more than 350 transactions, representing over A$20 billion in real estate value across the Australian market.

Nick Jacobson, Managing Director of Wingate said: “Our partnership with CLI marks an exciting new chapter in Wingate’s growth journey. Over the past two decades, we’ve built a highly respected business, developed deep networks, and earned a reputation as a trusted partner to our clients. Joining forces with a leading global platform like CLI enables us to accelerate our ambitions, access new opportunities, and continue delivering value to our investors, partners, and team. We will continue to be managed locally and provide the quality products and services that we always have, with the benefit of being part of a global real asset manager.”

CLI confirms its commitment to maintaining and growing Wingate’s business, while preserving its strong local identity and client relationships.

Angelo Scasserra, Chief Executive Officer for CLI Australia said: “We are excited to welcome Wingate into CLI’s global ecosystem. Wingate has an outstanding track record and is ideally positioned for growth by leveraging its extensive relationships with developers and corporates across Australia. Wingate’s private credit capabilities complement CLI’s own private funds platform and will enable us to collaborate and create greater value for our capital partners in Australia and beyond.”

“Australia is one of CLI’s key markets where we see significant potential for growth. As we strengthen our position as a leading global real asset manager, we continue to seek opportunities to scale our Australian presence through new and existing funds as well as the acquisition of fund management platforms,” added Mr Scasserra.

 

About CapitaLand Investment Limited

Headquartered and listed in Singapore in 2021, CapitaLand Investment Limited (CLI) is a leading global real asset manager with a strong Asia foothold. As at 31 March 2025, CLI had S$117 billion of funds under management held via stakes in seven listed real estate investment trusts and business trusts and a suite of private real asset vehicles that invest in demographics, disruption and digitalisation-themed strategies. Its diversified real asset classes include retail, office, lodging, industrial, logistics, business parks, wellness, self-storage, data centres, private credit and special opportunities.

CLI aims to scale its fund management, lodging management and commercial management businesses globally and maintain effective capital management. As the investment management arm of CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand Group’s development arm. In 2025, CapitaLand Group celebrates 25 years of excellence in real estate and continues to innovate and shape the industry.

As a responsible company, CLI places sustainability at the core of what it does and has committed to achieve Net Zero carbon emissions for Scope 1 and 2 by 2050. CLI contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.