On January 5, CapitaLand, a Singaporean real estate investment management company, announced that it had successfully raised RMB funds in China: China Special Situation RMB Fund (CSSRF) I, China Business Park Core RMB Fund (CBPCF) I and CBPCF II. The total fund size of the three funds is nearly RMB 4.7 billion.
In addition, CapitaLand completed the acquisition of three commercial offices and industrial park assets accordingly, increasing the asset management scale of funds under CapitaLand by nearly RMB 9 billion.
China Special Situation RMB Fund (CSSRF) I is CapitaLand Investments …