trending Market Intelligence /marketintelligence/en/news-insights/trending/7Vf05AFepSHVyksJi5BD7A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

LimeTree Capital buys Beijing car parks from Soho China for 761M yuan

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


LimeTree Capital buys Beijing car parks from Soho China for 761M yuan

Hong Kong-based LimeTree Capital's car park-focused fund acquired a portfolio of nine underground car parks in Beijing from Soho China Ltd. for 761 million yuan, Mingtiandi reported, citing the private equity firm's business manager, Kevin Wang.

Under an agreement signed Sept. 30, six subsidiaries of Soho China agreed to sell the portfolio to Huibo Car Park Investment (Guangzhou) Co. Ltd. The fund's acquisition brings its overall parking portfolio to roughly 35,000 bays across 47 mixed-use projects, hospitals and shopping malls in nine cities in China, including Shanghai, Shenzhen and Chengdu.

In 2018, Soho China recorded a rental income from the car parks amounting to 20 million yuan, up 18% year over year from 17 million yuan.

The car parks will be operated under LimeTree's We Park brand.

As of Oct. 23, US$1 is equivalent to 7.06 yuan.