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CapitaLand unit in JV with Qatar wealth fund for US$600 million fundcapitaland-logo.jpg

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Singapore's CapitaLand said its serviced residence business unit, The Ascott Ltd, entered into a joint venture with Qatar Investment Authority to set up a US$600 million (RM2.2 billion) serviced residence fund with an initial focus on Asia Pacific and Europe. The 50-50 tie up with the Gulf Arab state's sovereign wealth fund is part of...

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