Singapore’s CapitaLand Storms Into U.S. Apartment Market with 16-Property, $853 Million Purchase

The Ashton Apartments in Corona, California is one of 16 properties being acquired by CapitaLand in an $ 853 million deal.Singapore’s CapitaLand Ltd. is entering the U.S. apartment market with a splash, buying an $ 853 million portfolio of rentals in western states amid increased investment from overseas real estate owners and managers to take advantage of strong returns in the American market. CapitaLand said it is acquiring a 16-property, 3,787…
National Commercial Real Estate News From CoStar Group

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