CLI to more than double investments in India by 2028
04-Sep-2024 03:51 PM 3805
Mumbai, Sep 4 (Reporter) CapitaLand Investment Limited (CLI), has unveiled a target to more than double its funds under management (FUM) in its core market, India, by 2028, up from S$7.4 billion (Rs 458.8 billion) as of 30 June 2024. This will contribute to CLI’s global target of achieving S$200 billion in FUM by 2028, said Mr. Lee Chee Koon, Group Chief Executive Officer, CLI. Mr. Sanjeev Dasgupta, Chief Executive Officer, CLI India, said: “. We will leverage our operational expertise to grow the value of our assets, further expand our logistics footprint under our established logistics platform, Ascendas-Firstspace (AFS), and scale up our lodging portfolio through CLI’s lodging arm, The Ascott Limited...////...
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