Home Business Real Estate Investors Acquire Beijing’s Dinghao Plaza for US$1.34b

Real Estate Investors Acquire Beijing’s Dinghao Plaza for US$1.34b

-

Swiss private equity firm Partners Group and a consortium of investors have bought a new mixed-use complex in Dinghao Plaza for USD$1.34 billion.
The consortium of investors includes Ascent Real Estate Investors, Sigma Delta Partners Investment, and the Family Office Company. They have bought this complex in Beijing’s ZGC area, also known as the Silicon Valley of China.
Dinghao Plaza was built in 2003 and it currently contains a large retail podium and two office towers. It comprises a 176,976-square-meter mixed-use building complex with direct underground access to the ZGC metro station.
“Dinghao Plaza is ideally located in ZGC, Beijing’s vibrant tech and media area, where demand for large, contiguous, and premium office space is high and supported by the strong growth of China’s technological sector,” said Rahul Ghai, the managing director of Partners Group for Private Real Estate Asia.
“Together with our consortium partners, we plan to undertake a multi-year value creation program which will transform Dinghao Plaza into a core real estate asset,” Ghai continued.
Partners Group has US$83bn of assets under management and invests in private equity, private real estate, private infrastructure and private debt. Ascent Real Estate investors and Sigma Delta Investment are China-based investment Managers. Family Office Company is a Bahrain based company.

What's More

Selena Gomez and Bill Murray

Truth Behind Selena Gomez and Bill Murray Marriage Rumors

Once Upon a Time in Hollywood trailer 2 shows the nostalgia filled 60s

Once Upon a Time in Hollywood trailer 2 shows the nostalgia...

GTA 6 will be Time Exclusive with PS5, 2020 Release Date Confirmed

GTA 6 will be Time Exclusive with PS5, 2020 Release Date...

PUBG Mobile: Swapped With 'Game for Peace' In China

PUBG Mobile: Swapped With ‘Game for Peace’ In China

GTA 6 will be Time Exclusive with PS5, 2020 Release Date Confirmed

Rockstar Games: How GTA 6 Will Be Different From GTA 5?

Emilia Clarke Watched Hitler's Speech For Finale

Emilia Clarke Watched Hitler’s Speech For Finale