CapitaLand Investment (SGX:9CI) secured SG$261 million capital commitment from Mitsui OSK Lines, a shipping major in Japan, according to a Tuesday release.
The Singaporean real asset manager will use the funding for its Southeast Asia and India private funds.
CapitaLand Investment is also closing its $525 million CapitaLand India Growth Fund 2 with $131 million capital commitment from Daibiru, the real estate subsidiary of Mitsui OSK Lines, the release said.
These new capital commitment will boost funds under management across the company's CapitaLand SEA Logistics Fund and CapitaLand India Growth Fund 2 to over SG$2 billion.
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