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CapitaLand fund buys in Japan
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CapitaLand fund buys in Japan
CapitaLand Investment has secured additional backing for its latest investment fund, and has secured a new asset it will purchase in Japan. The fund, CapitaLand Ascott Residence Asia Fund II, or CLARA II, was set up with the intention of buying and repositioning real estate assets in major cities across Asia Pacific. Those real estate assets will then be expected to deliver a conversion or refurbishment that creates an extended stay hotel, to su…
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