Mubadala CapitaLand Launch Joint Venture Real Estate Company（一）.pdfVIP

               PRESS RELEASE Mubadala CapitaLand Launch Joint Venture Real Estate Company Capitala - New Abu Dhabi Based Master Planner Developer Abu Dhabi, 21 April 2008 – Mubadala Development Company (Mubadala) and CapitaLand today announced the launch of a joint venture real estate company – Capitala, a new Abu Dhabi based strategic master planner and developer. Capitala’s strategy will focus on designing, building, managing, operating and maintaining mixed use, predominantly residential developments. Abu Dhabi is experiencing tremendous expansion with population growth projected to be over three million by 2030, therefore first-rate real estate developments are essential to meet future requirements. Mubadala, as an investment company at the forefront of Abu Dhabi’s economic diversification, has partnered with CapitaLand for their outstanding track-record in quality real estate development and services throughout the entire real estate value chain ranging from investor, developer, property manager and operator to financial services advisor and fund manager. Headquartered in Singapore, CapitaLand is the largest real estate company in South East Asia by market capitalisation, the largest owner/manager of retail malls in Asia and the largest serviced residence owner-operator worldwide. Its real estate and hospitality portfolio today spans more than 100 cities in over 20 countries and includes landmark projects such as Clarke Quay in Singapore, Freshwater Place in Melbourne, Canary Riverside in London, and Raffles City integrated developments in Singapore and Shanghai. CapitaLand is also currently developing Bahrain’s waterfront Raffles City. “Through this joint venture we will turn property development ideas i