Reuters, 25 May 2011SINGAPORE, May 25 (Reuters) - Singapore's Mapletree Investments plans to set up a China-focused fund that will have $500 million to $1 billion to invest in Chinese commercial property once it deploys most of the money in its existing funds, a senior executive said on Wednesday.
The fund, which will be backed by internal funds and money raised from outside investors, will likely be launched in 2012 or 2013, Group Chief Investment Officer Chua Tiow Chye told reporters at a press conference. Full story
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