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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Asset Allocation, Financials, Market

Temasek’s Mapletree plans Japanese property fund after 90pct profit surge

Posted on 26 May 2011

Mapletree Investments Pte, the real estate unit of Singapore’s state investment firm Temasek Holdings Pte, said it plans to start this year a fund investing in business space in Japan.
The fund, which will be between 25 billion yen ($305 million) and 40 billion yen in size, will invest in property at the periphery of Tokyo’s central business district, said Terence Heng, general manager of Japan at Singapore-based Mapletree. It will also seek assets in Osaka and Nagoya, he said……………………………………….Full Article: Source

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