06.09.2011 - KKR, Sino-Ocean seal China property joint venture
Kohlberg Kravis Roberts & Co. and Chinese property developer Sino-Ocean Land Holdings Ltd. said they have set up an investment platform that will look for opportunities in China's real-estate market. Each will contribute $71 million to the platform, which will focus on middle-income residential housing in China's rapidly expanding cities..............................................Full Article: Source
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