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SEA Digest: CapitaLand Investment buys Korean logistics property; AirAsia digital rebrands to MOVE Digital

CapitaLand Investment has acquired a logistics property in South Korea for $82.5 million, while AirAsia digital has rebranded itself as MOVE Digital.

CapitaLand Investment raises additional S$1.3 billion third-party equity commitment for its private funds

/PRNewswire/ CapitaLand Investment Limited (CLI) has successfully secured about S$1.3 billion (US$950 million[1]) equity commitment from global.

Capitaland Investment Raises Additional S$1.3 Billion Third-Party Equity Commitment For Its Private Funds

SG's CapitaLand raises $950m from global investors for three private funds

CapitaLand also posted a 19% drop in net profit to S$351m for the first half of the year ended June 30.

CapitaLand Investment launches new business park development fund in India

CapitaLand Investment Limited (CLI) plans to raise S$525 million ($387 million) business park development fund, CapitaLand India Growth Fund 2 (CIGF2), with a target to invest in Grade A business parks in prime locations of India. CLI has secured rs1630 crore ($222 million) from a global institution for a 50% stake in the funds first closing.