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New ZACD fund to scour for data centres, discounted luxury homes

Published Thu, Feb 18, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    ZACD Group has launched a second fund under the Asia Pacific Real Estate Opportunistic Fund (ARO) series to scour for luxury homes and data centres in Singapore as well as student accommodation in Australia.

    For luxury residential units here, it is looking to buy them in bulk at deep discounts of more than 15 per cent below market value.

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