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CapitaLand and SC Capital Partners Launch Fund to Boost Saudi Industrial Hubs

Story Highlights
  • CapitaLand and SC Capital Partners launch a fund to support Saudi Vision 2030.
  • The fund aims to develop industrial hubs in key Saudi locations, boosting economic transformation.
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CapitaLand and SC Capital Partners Launch Fund to Boost Saudi Industrial Hubs

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CapitaLand Investment Limited ( (SG:9CI) ) just unveiled an announcement.

SC Capital Partners and CapitaLand Investment Limited have launched the SC GCC Real Estate Industrial Development Fund (GRID) to support Saudi Arabia’s Vision 2030. The fund aims to develop modern industrial hubs in key locations such as The Eastern Province, Greater Riyadh, and Jeddah, driving economic transformation and attracting global investment. This initiative aligns with Saudi Arabia’s national strategies to reshape its industrial and logistics sectors, creating demand for advanced manufacturing and sustainable industrial parks. The collaboration combines institutional investment expertise with on-the-ground development capabilities, positioning the partners to capitalize on the GCC region’s growing importance in the global supply chain.

The most recent analyst rating on (SG:9CI) stock is a Hold with a S$3.00 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.

More about CapitaLand Investment Limited

CapitaLand Investment Limited (CLI) is a leading global real asset manager, holding a 40% stake in SC Capital Partners, a Singapore-based institutional real estate investment management firm. The company focuses on real estate investment and asset management, with a significant presence in various global markets.

Average Trading Volume: 9,150,601

Technical Sentiment Signal: Buy

Current Market Cap: S$13.67B

Learn more about 9CI stock on TipRanks’ Stock Analysis page.

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