The Assembly Place to Invest Up to SG$2.5 Million in a Real Estate Fund
MT Newswires10-26 13:27
The Assembly Place (SET:TAP) will invest up to SG$2.5 million in a living-sector real estate fund managed by ICHAM, which has a target fund size of SG$300 million.
The company also proposed to be appointed as property manager and operator of the fund's assets, according to a Monday filing.
The fund will invest in living-sector real estate, including multifamily housing, build-to-rent properties, purpose-built student accommodation, co-living and seniors housing.
ICHAM will serve as the fund's investment manager, it said.
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