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CapitaLand to grow new economy assets in China to $5 bil

Felicia Tan
Felicia Tan11/16/2020 07:57 AM GMT+08  • 2 min read
CapitaLand to grow new economy assets in China to $5 bil
Investments will include business parks, logistics and data centres.
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CapitaLand, on Nov 16, announced that it aims to grow its China exposure in new economy assets to $5 billion from the current $1.5 billion.

The target is in line with CapitaLand’s strategy to ride on China’s economic transformation focusing on technology, services and domestic consumption, it says.

Investments will include business parks, logistics and data centres.

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