CapitaLand's operation of super-large complex really envies many peers, but it benefits from CapitaLand's innovative financial model and capital operation. The scale and level of real estate fund management business of CapitaLand Group also enjoys a high reputation in Asia. The Group manages five real estate investment trusts listed in Singapore and Malaysia. CapitaLand Group practiced the idea of "diversified capital platform+comprehensive and efficient operation mechanism" to operate commercial real estate, and formed the CapitaLand model of "real estate+finance". The specific mode of operation is that CapitaLand will inject stable and high-quality projects into the real estate trust fund in the early stage, and then invest in new projects after the funds are withdrawn. For other complexes or properties held for a long time, CapitaLand operates through different private equity funds. With the market gradually maturing and commercial real estate tending to be more specialized, subdivided and financialized, Kaide's financialization mode, which is superior to other real estate enterprises, is worth learning and learning from other real estate companies.