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Mapletree to launch three new property funds in China, Vietnam, Japan

Posted on 26 May 2011

Real estate firm Mapletree Investments said it plans to launch three property funds worth US$2 billion over the next few years. The funds will invest in commercial and mixed-use properties in China, Vietnam and Japan.
Mapletree, the real estate arm of Temasek Holdings, also announced a 90 per cent increase in its profit after tax to S$747 million for the full year ended March 31, driven by higher rental contributions from its assets……………………………………….Full Article: Source

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