Bloomberg.com
1 Aug 2008
Aug. 1 (Bloomberg) -- CapitaLand Ltd., Southeast Asia's largest developer, aims to increase its assets under management by 18 percent in less than three years by buying distressed assets and expanding its private funds business.
The developer is looking to swell its portfolio to S$25 billion ($18 billion) from S$21.1 billion, said Chief Executive Officer Liew Mun Leong, after setting out an original target of three to five years to achieve that figure.
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