Singapore realty major CapitaLand buys US rental housing assets for $835m

Singapore realty major CapitaLand buys US rental housing assets for $835m

Marquessa Villas in Greater Los Angeles. Photo: CapitaLand website

CapitaLand, one of Singapore’s largest real estate players, has acquired 16 freehold multi-family properties in the US for a consideration of $835 million, marking its foray into the asset class.

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