KUALA LUMPUR: Singapore’s CapitaLand Investment Ltd (CLI) has acquired four properties in Southeast Asia from unrelated third parties for a total investment value of S$700 million.
The acquisitions include two industrial properties and a freehold lodging property in Singapore.
In addition, CapitaLand SEA Logistics Fund acquired OMEGA 1 Bang Na, a 20-hectare freehold greenfield site in Bangkok, Thailand.
The company said in a statement that the investments will boost the global real estate investment manager’s funds under management in the region to S$1.2 billion.
“Looking ahead,…
