Tamasek Invests $250 Million in Columbia Pacific for China Hospitals

Columbia Pacific Management, an Asia healthcare provider based in Seattle, formed a 50/50 JV with Temasek to build healthcare facilities in China. Temasek is the sovereign wealth fund of Singapore. The JV, Columbia China, is the China division of Columbia Pacific. Columbia China already owns hospitals, clinics and senior living facilities in China, and it has more under construction. Temasek will invest $250 million into the JV for its 50% stake. With the money, Columbia China will add to its development projects. More details.... Share this with colleagues: // //