During its investor day on November 22, CapitaLand Investment’s (CLI) management announced its plans to expand its business in Australia. The company has recently appointed two senior hires to newly created roles in order to strengthen its talent bench and drive growth in its focus market. Angelo Scasserra has been appointed as the CEO of CLI Australia, while Rahul Bharara will take on the role of Chief Investment Officer. They are expected to join the company in the first half of 2025.
Additionally, CLI has announced its intention to invest up to A$1 billion ($876.7 million) to grow its funds …