Re IV Limited: White Peak Real Estate IV L.P. has completed the third closing in its ongoing fundraising
White Peak Real Estate IV L.P. has completed the third closing in its ongoing fundraising
Hong Kong, 27 November 2019: RE IV Limited's parent company, White Peak Real Estate IV L.P. (the "Fund"), has completed the third closing in its ongoing fundraising. The third closing comprised commitments from limited partners in an amount of Renminbi Yuan (CNY) 1,432,800,000, bringing total commitments from limited partners to the Fund to CNY 2,507,300,000. Both existing limited partners and new limited partners participated in the third closing.
The final closing of the Fund is expected to take place no later than on 18 December 2019.
For more information, please contact:
Jesper Jos Olsson, CEO and Founding Partner | +86 1366 1876 034 | email@example.com
Karen Xu, Head of Investor Relations | +86 158 2156 4358 | firstname.lastname@example.org
About White Peak
White Peak is a residential developer benefiting from the continuous and rapid urbanisation in China, targeting the growing middle-income class in underserved large cities (population of 5-10 million). Limited partners of the Fund are some of the largest Swedish national pension funds. The company has a full in-house development platform and 360 employees. White Peak is headquartered in Beijing and has a main focus on residential development in the Shandong, Hebei and Liaoning Provinces (with a total population of c. 250 million).
End of Media Release Issuer: Re IV Limited Key word(s): Real estate
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