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Invited ML as strategic partner
2008-03-06 21:24:47     Sources : back

 

Invited ML as strategic partner

Merill Lynch is invited by the SIRFP to be the strategic partner to set up the “Merill Lynch China Commercial Fund” jointly. This joint Venture project is considered to invest in commercial real estate development and investment in PRC, including commercial properties, infrastructure project (ports/ motorways/ plants). It focuses in high potential 2nd tier cities and 1st tier cities if special opportunities arise. Fund Size is RMB 5 Billion. Investors include corporate investors, Chinese real estate developer and public listed companies. In the future, Road Show will be done in PRC by the Society and ML.