Publications

Investors - AUGUST 5, 2020

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Yanlord and GIC sign agreement to co-invest up to $1b in China

by Andrea Zander

Yanlord Land Group has partnered with Singapore’s sovereign wealth fund GIC to jointly develop integrated commercial and residential property projects in high-growth cities across China for seven years.

The investment total is $1.01 billion.

Yanlord will own 51 per cent of each of the project companies and joint venture companies to be co-invested in, while the GIC affiliate will own the remainder.

Yanlord and GIC have previously co-invested in China property development projects since 2006.

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.