CapitaLand Retail China Trust to add office and industrial assets
This will give the trust greater access to a larger pool of investment targets
Claudia Tan HS
Singapore
CAPITALAND Retail China Trust (CRCT) will be expanding its investment strategy beyond the retail sector to include assets that are used for office and industrial purposes, CRCT's manager announced in a bourse filing on Wednesday.
It will focus on long-term investment in a "diversified portfolio of income-producing real estate and real estate-related assets in China, Hong Kong and Macau".
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