In a deal secured by CLI, the private fund in South Korea has acquired two operating cold storage logistics properties from an unrelated third party.
CLI has also invested alongside its capital partners, obtaining a minority stake in both funds.
CapitaLand Investment (CLI) has set up two private funds in Japan and South Korea to grow its funds under management (FUM) by $688 million.
The private fund in Japan has acquired CLI’s interest in two existing commercial assets.
