CapitaLand Investment buys Wingate for A$200M to boost Australian property and credit presence.

Singapore-based property giant CapitaLand Investment is acquiring Melbourne-based Wingate for A$200 million to expand its Australian portfolio and private credit business. Wingate, with A$2.5 billion in funds under management, will help CapitaLand Investment reach its S$200 billion target by 2028. The deal, subject to regulatory approval, is expected to close soon and will retain Wingate's management and Australian identity.

4 months ago
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