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Mapletree aims to double AUM: CEO

Five-year target of S$40-50b comes amid move to diversify beyond Asia, because regional real estate markets are at "bubbling stage"

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Mapletree, Mr Hiew says, is eyeing decentralised high-quality office assets in London and decentralised office assets in German cities such as Frankfurt, Hamburg and Munich.

Singapore

MAPLETREE Investments is shooting for a doubling of assets under management (AUM) to S$40-50 billion over a five-year period to March 31, 2019 as it scours for opportunities beyond its core Asian markets.

Chief executive Hiew Yoon Khong stressed, however, that size was...

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