CITIC Capital Real Estate Group provides global investors with access to an array of real estate opportunities in Greater China through investment in managed funds, co-investment with other investors, and proprietary investment in real estate projects.
Since establishment in 2005, the Group has launched the following funds and one co-investment platform.
CITIC Capital London Property Fund, L.P.
CITIC Capital London Property Fund invests mainly in a high-end residential development project located at 60 Curzon Street, one of Mayfair’s most prestigious addresses. The development project comprises 32 predominantly double and triple-aspect apartments formed around a private south-facing garden. Its exclusive on-site amenities include gym, swimming pool, spa, underground car park, and 24-hours concierge service.
CITIC Capital China Retail Properties Investment Fund, L.P.
CITIC Capital China Retail Properties Investment Fund focuses on prime retail properties. The projects will be mostly located in China’s first and second-tier cities which offer high potential of economic growth. The projects will typically be sizeable developments that will function as a shopping mall, or as a broader lifestyle centre. The target clientele will be the emerging middle-class.
CITIC Capital China Real Estate Investment Fund III, L.P.
CITIC Capital China Real Estate Investment Fund III invests in project developments, acquisitions and entity level investments in Chinese real estate companies. The Fund focuses on development projects in the first and second-tier cities in affluent regions including the Pearl River Delta, Yangtze River Delta, Pan Bohai Gulf Region and other major cities such as Chengdu, Wuhan and Chongqing. The Fund also invests in commercial properties, with a special focus on value-adding opportunities for distressed properties. In addition, this Fund will look for entity level investments in leading local developers with a strategic view.
CITIC Capital China Residential Properties Co-investment Platform, L.P.
CITIC Capital China Residential Properties Co-investment Platform focuses on investments opportunities in new residential development projects in the second-tier cities of China. The Fund is a dedicated co-investment platform for one of the world’s leading sovereign wealth funds aiming to achieve medium term capital appreciation through co-investments with Development Partner.
CITIC Capital RMB Multi-Asset Class Fund - Real Estate Investment
CITIC Capital Real Estate Group involved in the investment management of CITIC Capital's first RMB-denominated Multi-Asset Class Fund in its 20% real estate investment portion. Investment strategies include acquisition and development of office and retail property, and equity investment in listed or non-listed leading developers.
CITIC Capital Vanke China Property Development Fund, L.P.
CITIC Capital Vanke China Property Development Fund, L.P. targets one of the most attractive opportunities in the China real estate market, viz the strong demand for affordable middle-class housing. The Fund was first established in March 2006 and co-invested with Vanke Group, the leading Chinese property developer, to source, develop and manage investment opportunities.
CITIC Capital China Property Fund, L.P.
CITIC Capital China Property Fund, L.P. was raised in 2005 and had exited in 2007 with strong returns. The strategy of this Fund was to target special situation opportunities in which CITIC Capital could leverage its unique base of relationships to source and close real estate investments which required a high degree of flexibility and sophistication.