Temasek's Mapletree eyes property expansion in China

China Knowledge, 29 Jul 2010
Jul. 29, 2010 (China Knowledge) - Mapletree Investments Pte Ltd, a property investment unit of Singapore state-owned Temasek Holdings, said yesterday that it will quickly expand its China portfolio due to huge potential in the country's property market, Shanghai Daily reported.
As one of its Chinese expansions, the firm will launch its second China-focused property fund after its Mapletree India China Fund, or MIC, has fully subscription by investors. With a total sum of US$1 billion, the fund will be used to expand its business solely in China. Full Story


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