HBL to invest 40m euros in Credit Suisse fund
Property firm to also acquire notes issued by a securitisation company called Clouse SA
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Singapore
PROPERTY developer Ho Bee Land (HBL) on Monday said it has agreed to invest up to 40 million euros (S$64.8 million) in Credit Suisse (Lux) European Property Fund II.
It has also committed to co-invest up to an additional 50 million euros by acquiring notes issued by a securitisation company called Clouse SA, Compartment 29.
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