Question : CapitaLand Limited has recently(July 2021) launched its second 400 million dollar logistics private fund in India. Of which country is CapitaLand Limited a multinational alternative asset management company ?
a. Singapore
b. Japan
c. France
d. UK
Ans. a.
Related facts —
- CapitaLand Limited has recently(July 2021) launched its second 400 million dollar logistics private fund in India.
Objective —
- This logistics private fund aims to expand in India’s logistics sector, one of the largest globally.
- CapitaLand India Logistics Fund II will invest in the development of logistics assets in key warehousing and manufacturing hubs in six major cities – Ahmedabad, Bangalore, Chennai, Mumbai, National Capital Region (NCR), and Pune, as well as in emerging markets such as Coimbatore, Guwahati, Jaipur, Kolkata and Lucknow.
- CapitaLand India Logistics Fund II will grow CapitaLand’s current total Funds Under Management (FUM) of 79.2 billion dollar across over 20 private funds and six listed trusts, further reinforcing CapitaLand’s position as one of the leading real estate fund managers in the world.
Ascendas India Logistics Programme —
- It is an 400 million dollar first logistics private fund of CapitaLand.
- CapitaLand India Logistics Fund II follows the successful deployment of CapitaLand’s first logistics private fund.
- It is notable that Ascendas India Logistics Programme launched in 2018, to develop six logistics and industrial projects in Bangalore, Chennai, NCR, and Pune.