Singapore-based CapitaLand Investment on 4 September said that they aim to more than double its fund under management in India by 2028 from $5.66 billion (S$7.4 Billion). 

This will contribute to the company’s global target of achieving S$200 billion in funds under management (FUM) by 2028.

Lee Chee Koon, CapitaLand CEO, said, “The country is attracting demand from global corporations and institutional investors for quality real assets.”

The company added that they are also looking to explore opportunities to enter the real estate private credit and renewable energy segments. 

Earlier last month, the company launched a fund for business park development in India that is expected to add S$700 million to its fund under management. 

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