JD Property is setting up the US$1 billion Reit with Swiss investment firm Partners Group and Hillhouse’s EZA Hill Property, sources said.
JD Property, the unlisted infrastructure investment and asset management platform of JD.com, is setting up the Reit with Swiss investment firm Partners Group and EZA Hill Property, which is backed by Asian investment firm Hillhouse, the sources said.
The planned Reit could be listed on the Singapore Exchange as soon as next year, added the sources, who declined to be named as the matter is private. The Reit plan has not been reported previously.
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