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CapitaLand to grow China exposure in high-growth sectors

Property giant aims to hit S$5b in investments over next few years, from S$1.5b

Upon completion of the proposed deal, CapitaLand plans to enter into a joint venture with CRCT on the Ascendas Xinsu portfolio in Suzhou.


CAPITALAND has targeted to grow its China exposure in the "new economy" sector to S$5 billion over the next few years, from S$1.5 billion.

This will be done by redeploying part of the capital from asset recycling to new economy assets such as business parks, logistics and...

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