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.