CapitaLand Investment ready to cash in on growing need for healthcare-related real estate
Its S$350 million wellness fund recently invested around S$190 million into two luxury wellness resorts and an orthopaedic hospital in Thailand
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[SINGAPORE] As South-east Asia’s population ages, more physical spaces are needed for the healthcare and wellness services that people will require in their senior years. And CapitaLand Investment (CLI) believes this presents a big opportunity for real estate players.
The Singapore-listed global real asset manager is hoping to cash in on this gap with its first healthcare and wellness-specific fund anchored in South-east Asia.
Launched in October 2023 by CLI and Thai-listed property developer Pruksa, the CapitaLand Wellness Fund has a committed capital of S$350 million, with a target equity size of S$500 million.
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