CapitaLand forms $300m JV to grow US multifamily housing portfolio

Photo: Reuters

Singapore real estate giant CapitaLand has formed a joint venture to grow its US-based multifamily housing portfolio by acquiring and developing assets totalling $300 million.

An Austin, Texas-based real estate investment, development and property management firm is the joint venture partner, CapitaLand said in a filing to SGX Monday.

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