thenewsfacts.com
  • Home
  • Latest News
  • Trending News
  • Entertainment
  • Technology
  • Sports
  • Business
  • Health
thenewsfacts.comthenewsfacts.com
Font ResizerAa
Search
  • Home
  • Latest News
  • Trending News
  • Entertainment
  • Technology
  • Sports
  • Business
  • Health
Follow US
© thenewsfacts : All Rights Reserved.

Home » CapitaLand to Invest $14.8B in India: Bets Big on Renewable Energy

Business

CapitaLand to Invest $14.8B in India: Bets Big on Renewable Energy

NewsFacts Bureau
Last updated: September 4, 2024 1:55 pm
NewsFacts Bureau
Share
CapitaLand
CapitaLand to Invest $14.8B in India: Bets Big on Renewable Energy : Photo Credit CapitaLand News
SHARE

September 4, 2024: Singapore-based CapitaLand Investment announced on Wednesday its bold plan to more than double its funds under management (FUM) in India by 2028. As of June 30, the company’s FUM in the country stood at S$7.4 billion ($5.66 billion). This significant increase aligns with CapitaLand’s global objective of reaching S$200 billion in FUM by the same year.

The announcement comes just hours before Indian Prime Minister Narendra Modi’s arrival in Singapore, highlighting the growing economic synergy between the two nations.

CapitaLand Investment’s Group CEO, Lee Chee Koon, emphasized the strategic importance of India’s market. “The country is drawing interest from global corporations and institutional investors seeking high-quality real assets,” Koon stated. He further revealed that CLI plans to diversify its portfolio by exploring opportunities in renewable energy and real estate private credit sectors within India.

CapitaLand Launches India Fund With Focus on Business Park Development

In a recent development, CapitaLand launched a new fund focused on business park development in India, projected to boost its FUM by S$700 million.

This strategic move reflects the company’s commitment to expanding its presence in one of the world’s most promising real estate markets.

The CLI portfolio spans the globe, with operations in more than 40 countries and more than 260 cities. According to the company their 360 investment and asset management professionals are supported by its expansive, worldwide team of operational personnel. This dedicated global network provides the personal touch that has become the hallmark of the company.​

TAGGED: business park development, CapitaLand Investment, funds under management, India real estate, Narendra Modi visit, renewable energy investment, Singapore investment
Share This Article
Twitter Email Copy Link Print
Previous Article Vijayawada 110 Villages Submerged in Telangana; Vijayawada Hit by Overflowing Rivers
Next Article Android 15 Android 15: What’s New and When It’s Coming to Your Device

Your Trusted Source for Accurate and Timely Updates!

We're committed to providing accurate and unbiased news as it unfolds, earning the trust of a large audience. Stay informed with our news updates on the latest events and trends, keeping you ahead of the curve.
FacebookLike
TwitterFollow
InstagramFollow

Popular Posts

Why is Nikki Haley Hogging the Headlines?

Nikki Haley, the former South Carolina governor and United Nations ambassador, faced financial struggles in…

By TheNewsFacts

Shailesh Lodha Puts Taarak Mehta Ka Ooltah Chashmah in a Big Crisis

Shailesh Lodha, the Taarak Mehta fame actor has decided to leave the popular show Taarak…

By TheNewsFacts

Why Azim Premji Snubbed Narayana Murthy, and What Followed

Narayan Murthy, Infosys Founder in a candid interview on Saturday, shared a surprising revelation about…

By NewsFacts Bureau

You Might Also Like

Venture Capital
Business

Venture Capital Investment Outlook Still Cloudy for 2025 in Startups

By NewsFacts Bureau
Meenakshi Alternates
BusinessLatest News

Meenakshi Group Unveils Rs. 700Cr “Meenakshi Real Assets Fund”

By NewsFacts Bureau
AM Green
Business

AM Green, Port of Rotterdam To Enable 1 MTPA , $1B Trade for Green Fuels

By TheNewsFacts
Rio Tinto
Business

AMG, Rio Tinto Plan 500K TPA Green Aluminium in India

By TheNewsFacts
thenewsfacts thenewsfacts

About US


TheNewsFacts: Brings you the interesting facts, news facts and updates from India an the world across politics, tech, entertainment, business, tending, and more. We deliver what you love to read.
Top Categories
  • Latest News
  • Trending News
  • Paris Olympics 2024
  • Sports
  • Entertainment
  • Business
  • Technology
Usefull Links
  • About The News Facts
  • Latest News
  • Privacy Policy
  • Editorial Policy
  • Disclaimer
  • Contact Us
Follow us
Facebook Twitter Instagram

© thenewsfacts. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?