Thursday, March 13, 2008

CapitaLand Limited, a Singapore-based large real estate developer, announces to found two PE funds in China and India, with total capital of USD 1.2 b

CapitaLand, a veteran company in the operation of industrial funds, invests in China once more after setting up China commercial real estate private equity (PE) fund in 2006.

USD 600 million out of the total capital, USD 1.2 billion, is to be used in the establishment of CapitaRetail China Development Fund.

The news does not mention anything about Indian private equity (PE) fund!
Tradingmarkets.com

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