Mapletree India-China Fund(MIC) is a subsidiary of Mapletree Investments, which in turn is a subsidiary of Temasek Holdings. The fund will invest in property projects in India and China. The fund has invested $600 million.
MIC has invested in three projects in China. The first investment was in a residential and retail development in Xi'an's Beilin District, called Future City. The second is a Beijing's office block in the central business district. The third project is located in Guangdong Province Project