CapitaLand To Manage Project In Iskandar

on 11 January, 2012

Singapore’s CapitaLand will be project manager for a lifestyle project in Malaysia’s Iskandar region as part of a collaboration between the two countries, state investment firms Khazanah Nasional and Temasek said on Thursday.

The so-called “Urban Wellness” project in Iskandar, an area just north of Singapore, cover five acres and is being developed by a 50-50 joint venture between Khazanah and Temasek.

- by Business Times