CapitaLand Investment establishes its first RMB 5 billion domestic fund in China
Singapore-based real estate investment manager CapitaLand Investment Ltd (9CI) has made a significant move in the Chinese market by launching its first onshore master fund. The fund, named CLI RMB Master Fund, has secured a total equity commitment of 5 billion yuan ($692.58 million) [1].
The CLI RMB Master Fund will focus on investing in business parks, retail properties, rental housing, and serviced residences. Notably, a majority stake in the fund will be held by a local insurance company, reflecting a growing trend of insurance companies increasing their capital allocation to real estate in China [1].
Puah Tze Shyang, the CEO of CapitaLand Investment China, highlighted the fund's potential to provide a diversified and resilient portfolio of stabilized assets with core returns. The company anticipates that the fund will add 20 billion yuan to its funds under management once fully deployed [1].
This strategic move underscores CapitaLand Investment's commitment to the Chinese market and its ability to capitalize on the growing demand for real estate investments. The fund's launch is expected to have a positive impact on the company's overall portfolio and its position in the Chinese real estate market.
References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3RT011:0-singapore-s-capitaland-investment-launches-first-onshore-master-fund-in-china/
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