trending Market Intelligence /marketintelligence/en/news-insights/trending/ZpnJLcYzfectJZddBhluGA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

China Vanke JV to launch logistics property investment fund

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021

Capital Markets View – January 2021


China Vanke JV to launch logistics property investment fund

China Vanke Co. Ltd. and three investment partners signed an agreement to establish a logistics real estate investment fund to cover assets that are either underway or complete.

According to a filing, the fund will target capital subscriptions of 6.00 billion yuan and will be managed by a Shenzhen-based holding company. The scope of the fund's target is also subject to future changes, but may not exceed the 20.00 billion yuan mark.

China Vanke's limited investment partners in the joint venture are companies based in the Chinese cities of Shenzhen, Zhuhai and Ningbo.

As of Oct. 11, US$1 was equivalent to 6.59 Chinese yuan.