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CapitaMalls Asia sets up $1.27bln China private equity fund

Posted on 06 July 2012

CapitaMalls Asia, the shopping malls arm of Singapore’s CapitaLand, said on Monday it has set up a US$1 billion (S$1.27 billion) closed-end private equity fund that will invest in Chinese malls.
Outside investors will take up half the capital in the CapitaMalls China Development Fund III, while a CapitaMalls unit will subscribe for the remaining 50 per cent. ……………………………………….Full Article: Source


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