CapitaLand Development appoints sustainability head

CapitaLand has appointed the first head of sustainability for its recently privatised property development arm, CapitaLand Development (CLD).

The Singapore-based real estate developer has hired Giovanni Cossu, who joins the company from the National University of Singapore, where he was associate director of sustainability services.

He joins with a brief to boost CLD’s sustainability capabilities for its development projects, which have a combined portfolio value of S$22 billion (US$16 billion), with a focus on the Singapore, Vietnam and China markets.

In his new role, Cossu is expected to work on a new sustainability strategy for CLD, which was formed in 2021, when CapitaLand Group de-listed its development business and spun off its investment management arm, CapitaLand Investment (CLI).