CapitaLand, CapitaLand Asia Partners I . Investors include institutional investors such as pension funds, insurance companies and financial institutions from Asia and Europe, the real estate group said on Monday. It is the fund's first closing; fundraising commenced nine months before, in July 2018. CAP I will invest in"value-add and transitional" office buildings in Asia’s key gateway cities, specifically Singapore, Beijing, Guangzhou, Shanghai, Shenzhen, Osaka and Tokyo.
per unit from 0.88 cent a year ago. Gross revenue fell 11.8 per cent year on year to S$18.52 million, partly due to the divestment of its Tai Seng drive property in Q1 2019 as well as lower contribution from properties at 151 Lorong Chuan, 8 Commonwealth Lane and 34 Penjuru Lane. Net property income fell 13.3 per cent to S$12.
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