Capitaland launches funds for office assets in Shanghai

Capitaland, a Singapore-based company, launched an value-added fund to invest in commercial real estate in Asia. Capitaland has seeded acquired stake in a 34-storey office tower in Shanghai. CapitaLand said it has partnered an unrelated third party in a 50-50 joint venture to acquire 70% of Pufa Tower in Shanghai for RMB2.75bn (€351m). Lucas Loh, […]