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A Real Estate Specialist Sets Up a Private Investment Fund: 3 Important Implications for Investors
By The Smart Investor  •  January 8, 2021
Boustead Projects Limited (SGX: AVM), or BPL, is a real estate solutions company that specialises in design and build projects for multinational companies. The group uses cutting-edge technology for integrated digital delivery of contracts and its expertise lies in custom-built developments for a variety of Fortune 500 and S&P 500 corporations such as Cummins Inc (NYSE: CMI) and Bombardier Inc (TSE: BBD.B). To date, BPL has constructed and developed more than 3 million square metres of industrial real estate in Singapore, China, Malaysia and Vietnam. BPL is a subsidiary of Mainboard-listed Boustead Singapore Limited (SGX: F9D), an engineering specialist that deals with geo-spatial technology, the oil and gas sector and has a healthcare arm. The group’s leasehold property portfolio currently consists of 21 completed properties with four properties under development. On New Year’s Eve, BPL announced that it had set up a private fund to invest in and manage investments in logistics and industrial real estate....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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