You are here

HBL to invest 40m euros in Credit Suisse fund

Property firm to also acquire notes issued by a securitisation company called Clouse SA


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...