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Temasek has inaugurated its new office in Paris, marking a significant step in its European expansion strategy.
According to Nagi Hamiyeh, head of Europe, the Middle East and Africa, the firm seeks to make net investments of as much as S$25 billion ($18 billion) across Europe over the next five years. The targeted investment increase — which could vary depending on opportunities and external events — would represent a substantial boost in European assets held by Temasek, which had €32 billion ($34 billion) in exposure to the region as of March 2023.