CapitaLand seeks to grow China ‘new economy' asset exposure to $5b

Uploaded By:  Frances Gagua Submitted By:  Staff Reporter Case Study:  No It has designated CRCT as its REIT platform for non-lodging assets in China. CapitaLand plans to redeploy part of the capital from its recent asset recycling to new economy assets—business parks, logistics, and data centres—and grow its China exposure in the sector to $5b over the next few years, the group said in a press release. Currently, CapitaLand has a $1.5b exposure in new economy assets. read more