CapitaLand’s Ascendas-Singbridge buy may spice up another asset class in India

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With Singapore-headquartered CapitaLand Ltd’s recent deal to acquire business space solutions provider Ascendas-Singbridge Group, the combined entity may foray into a new asset class in India, heating up the segment with fresh funding. The merged entity, called Enlarged Group, may enter the lodging business in India as CapitaLand sharpens its segment ......