SC Capital Partners sells portfolio of industrial, logistics assets in China

Singapore-based SC Capital Partners Group has sold a portfolio of China industrial and logistics assets to a global institutional investment manager. Financial terms were undisclosed.

The portfolio consists of four assets in various stages of construction and operation, with a total gross floor area of more than 210,000 square meters (​​2.3 million square feet). The assets are strategically located within the Yangtze River Delta region near regional airports, major highway access points and major industrial parks, making them key access points to the Greater Shanghai area as well as their local catchments.

The sale was made on behalf of its latest closed-end opportunistic fund, Real Estate Capital Asia Partners V (RECAP V), which implements a thematic investment approach across Asia Pacific on behalf of its global institutional investor base. Industrial / logistics is one of the four main investment themes of RECAP V’s pan-Asian strategy, alongside senior living,