Real Estate

CapitaLand debuts US$300m PE fund to boost Grade A commercial property expansion in Vietnam

CAPITALAND Limited has set up its first private equity fund in Vietnam that closed at US$ 300 million to boost its expansion into Grade A commercial real estate in Vietnam.

The commercial fund – CapitaLand Vietnam Commercial Fund I (CVCFI) – will have a life span of eight years with CapitaLand holding a 40 per cent stake while the remaining interests will be held by major institutional investors.

“CapitaLand is positive about the growth trajectory of Vietnam and foresees that this trend wil…
The Business Times