Post by account_disabled on Dec 11, 2023 3:31:41 GMT -7
“CapitaLand”, a giant Singaporean company, joins hands with “Pruksa Holding” to set up the C-WELL fund, continuing to invest in assets to promote health and living “live happily”. “CapitaLand”, a giant Singaporean company, joins hands with “Pruksa Holding” to set up the C-WELL fund, continuing to invest assets to promote health and living “well, happy” and expanding the Southeast Asian market worth 25 billion baht. The health business trend in Southeast Asia is gaining strength. CapitaLand (CLI), a giant company from Singapore, Don't miss an important opportunity to move forward and join hands with Pruksa Holding to establish a real estate fund to promote health and care under the name "CapitaLand Wellness Fund" or C-WELL.
And will raise additional funds with the fund's target of approximately 12,500 million baht (Singapore 500 million) and has the right to expand the fund to 25,000 million baht (Singapore 1,000 million), with a target asset value from investments as high as 72,500 million baht ( S$2.9 billion) when Email Data fully operational Capture investment opportunities in fast-growing healthcare assets in Southeast Asia. The fund will mainly focus on the Thai, Singapore and Malaysian markets. Mr. Uthen Lohachitpitak Group Chief Executive Officer of Pruksa Holding Public Company Limited or PSH said, “CapitaLand Investment Limited,
A world-leading real estate investment management giant, Successful in Southeast Asia with cooperation in establishing the CapitaLand Wellness Fund or C-WELL this time because we see changes in the market from the increase in the number of elderly people. and considering the health impacts that may occur from the current lack of good living structures. Therefore, it is expected that this trend will increase the demand for real estate for the care of "elderly people". Last year, Pruksa began to introduce health care concepts from various sectors. Including community level care, Universal Design, Multi Gen Living design is used in development. Through this collaboration through the C-WELL fund, we aim to leverage CLI's Ascott Hospitality platform and PSH's Vimut Hospital to increase investment opportunities and asset redevelopment in health and healthcare focused real estate.
And will raise additional funds with the fund's target of approximately 12,500 million baht (Singapore 500 million) and has the right to expand the fund to 25,000 million baht (Singapore 1,000 million), with a target asset value from investments as high as 72,500 million baht ( S$2.9 billion) when Email Data fully operational Capture investment opportunities in fast-growing healthcare assets in Southeast Asia. The fund will mainly focus on the Thai, Singapore and Malaysian markets. Mr. Uthen Lohachitpitak Group Chief Executive Officer of Pruksa Holding Public Company Limited or PSH said, “CapitaLand Investment Limited,
A world-leading real estate investment management giant, Successful in Southeast Asia with cooperation in establishing the CapitaLand Wellness Fund or C-WELL this time because we see changes in the market from the increase in the number of elderly people. and considering the health impacts that may occur from the current lack of good living structures. Therefore, it is expected that this trend will increase the demand for real estate for the care of "elderly people". Last year, Pruksa began to introduce health care concepts from various sectors. Including community level care, Universal Design, Multi Gen Living design is used in development. Through this collaboration through the C-WELL fund, we aim to leverage CLI's Ascott Hospitality platform and PSH's Vimut Hospital to increase investment opportunities and asset redevelopment in health and healthcare focused real estate.