Singapore's CapitaLand Investment CAPN.SI will invest up to A$1 billion ($651.30 million) to expand its funds under management in Australia, the real estate investment manager said on Thursday.
The investment underlines the company's focus on the Australian market, where it currently manages more than A$9 billion worth of assets.
"The contributions will fuel CapitaLand Investment's $(CLI.UK)$ efforts to expand our investment products, capabilities and network to drive value creation for our partners," Group Chief Operating Officer Andrew Lim said.
The company also said it has strengthened its leadership team in Australia with the appointment of Angelo Scasserra as CEO, CLI Australia.
($1 = 1.5354 Australian dollars)
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。