Global private equity firm Carlyle Group (CG.NASDAQ) is looking to enter the China commercial property market after asset and share acquisition discussions with Vanke (2202.HKG, 000002.SHE), Reuters reported, citing a Thursday statement by Vanke. The deal would give Carlyle access to China’s commercial real estate market, where properties carry yields of around 4.5 to 6%. Rental margins of commercial properties are at around 60-80%, higher than the 30-50% of residential projects. Vanke, China’s biggest property developer, would also benefit from the deal, which would help it quickly generate returns as a slump in the residential market, and a slowing economy, tightens liquidity for Chinese developers.