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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

Singapore Mapletree plans $928 mln Japan property fund

Posted on 17 August 2010

From Reuters: Mapletree Investments, a real estate firm wholly owned by Singapore state investor Temasek Holdings, said it plans to launch an around 80 billion yen ($928 million) Japan property fund this year in a bid to expand in the country’s property sector ahead of its rivals.
The new fund, with a 30 billion yen equity portion, will invest in business-related properties such as data centres, research and development facilities and office buildings just outside central Tokyo and other big cities, Terence Heng, general manager of Mapletree Investments Japan told Reuters in an interview……………………………………….Full Article: Source

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