Sep 20 2018
CapitaLand acquires portfolio of 16 multifamily properties in the United States for US$835 million
Property Markets / Transactions
CapitaLand, through its wholly owned international business unit CapitaLand International, has acquired a portfolio of 16 freehold multifamily properties1 for US$835 million (S$1.14 billion2) in the United States (U.S.). It marks the Group?s foray into the country?s multifamily asset class to ride on the growing demand for long-term rental housing.
United States of America