
Mapletree reaches $1.4b final close on China fund
Mapletree Investments, the real-estate arm of Temasek Holdings, has closed its real estate fund, Mapletree China Opportunity Fund II (MCOF II) at its hard cap of $1.4 billion, above the initial target of $1 billion.
MCOF II closed within 10 months of its launch in October 2012. It had a first close at the end of June 2013 for $1.1 billion. Mapletree has committed 36% of the fund's total capital. There are some re-ups...
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