CapitaLand debuts US$300m private-equity fund in Vietnam
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Anita Gabriel
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Singapore
CAPITALAND 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 that country.
The 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.
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