Law360, New York (May 02, 2012, 3:32 PM ET) -- Real estate private equity giant Tishman Speyer Properties LP has closed the first-ever real estate fund capitalized solely by Chinese investors, raising more than $190 million to invest in a 1.2 million-square-foot mixed-use property development in Suzhou, Tishman Speyer said Wednesday.
The New York-based real estate firm said it raised $190.3 million solely from Chinese investors to invest in the Suzhou project. A leading Chinese investor was Shanghai-based trust company Hwabao Trust Co. Ltd., Tishman Speyer said.
A mix of institutional and high net worth investors...
Tishman Raises $190M In 1st All-Chinese Real Estate Fund
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