SC Capital Partners Group, the Singapore-headquartered private equity real estate firm, has announced the sale of a portfolio of China industrial and logistics assets to a global institutional investment manager, on behalf of its latest closed-end opportunistic fund, Real Estate Capital Asia Partners V (RECAP V). This portfolio sale significantly outperformed RECAP V’s target return of 20% Gross IRR.
The portfolio consists of four assets in various stages of construction and operation, with a total Gross Floor Area (GFA) of over 210,000 sqm. 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.
Read the full press release at the link below
