[photopress:standard_sino_logo.jpg,full,alignright]Standard Chartered Private Equity has invested $35 million investment in Sino Ocean Real Estate Development. This is the third investment by Standard Chartered in China’s real estate sector following the investment in Shimao Property Holdings and Greentown China Holdings in 2006.
Sino Ocean is a market leader in Beijing. The company is also actively expanding into selected markets including major cities in Bohai Economic Zone, such as Tianjin, Dalian, and Shenyang, and Zhongshan in the Pearl River Delta. Sino Ocean develops high quality residential products for mid-end customers as well as superior office buildings for corporate clients. (The illustration comes from the Sino Ocean site which is pretty cool for an investment company.)
Source: The Asian Banker