CITIC Capital Holdings announced on June 17 that it completed financing USD 683 million for CITIC Capital China Retail Properties Investment Fund, exceeding the targeted USD 600 million.
It is the fourth real estate fund under CITIC Capital and the first real estate fund focusing on retail properties.
After the first-round financing at the end of 2011, the fund has invested about USD 250 million in its three projects.
Source:
http://www.sinocast.com/readbeatarticle.do?id=94837
