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Shui On closes special-sits property fund for China

Shui On Construction and Materials (Socam) will co-invest with two LPs under the new brand Tan-Eu for a $400 million pool, plus gearing.
Shui On closes special-sits property fund for China

Shui On Construction and Materials (Socam), the listed subsidiary of Hong Kong-based real-estate developer Shui On Group which is known for projects such as Shanghai’s Xintiandi area, has launched a private-equity business.

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