Home News Funds

CapitaLand Investment establishes first onshore RMB fund in China

Felicia Tan
Felicia Tan6/22/2022 08:01 AM GMT+08  • 3 min read
CapitaLand Investment establishes first onshore RMB fund in China
CapitaSky and Capital Tower. Photo: CapitaLand Investment
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

CapitaLand Investment (CLI) has established its first onshore RMB fund in China. The fund was established in partnership with a domestic asset management company.

CLI will hold a 12% stake in the RMB700 million ($144 million) fund.

The fund will be acquiring a quality office building in Shanghai at an attractive price, capitalising on a “special situation opportunity” arising from China’s current market environment.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now