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China Opportunity Fund Takes in $350M

HONG KONG-The fund's objective is to invest in opportunistic projects with a focus on mid-range local housing developments throughout China.

By Brian K. Miller | Updated on December 20, 2006

(To read more on the multifamily market, click here.)

HONG KONG-ING Real Estate says it has raised $350 million in equity from institutional investors and high net worth individuals for its China Opportunity Fund. The investment objective of the private, closed-end, total return fund is to invest in opportunistic projects with a focus on mid-range local housing developments in first and second tier cities in China in partnership with established China-based developers.

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