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Citi Group investors to close on Property funds

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Source revealed at www.propertykhazana.com is that the Citigroup Property Investors has shut down its CPI Capital partners Asia Pacific LP Funds for $1.29 Billion. The fund had invested in realty segment all through the Asia Pacific Region with the major focus on the Greater China and India. Trend for spacing in realty is becoming sky-scraping and is clearly highlighted by the judgment of the Citigroup, main American Fiscal Services Company which is based in New York City and its Hong Kong Based investment partner had put $200 million to the fund. Also they have invested in Shanghai and Macau, Bangalore, Chennai, Delhi, China, Pune and in Hong Kong and there are 19 potential investors sharing the equilibrium of the investment with Smith Barney.
Furthermore it is also added by the sources to the www.propertykhazana.com that the Citigroup Property grips to hike $3.5 Billion for one more fund to make the investments in firms in forthcoming markets and India, Estonia, Chile and India. Citigroup Property also grips properties for more than $9.8 Billion under the management of both Public and Private markets in North America, Asia and in Europe and it will mainly focus on the office, industry, multifamily, hospitality and retail segments.
Source: NIMMA BENGALURU

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