Exclusive: China Tech Giant JD.Com Unit, Two Other Firms Plan $1 Billion Singapore REIT, Sources Say

JD’s property arm joins 2 firms in US$1 billion Singapore Reit: sources

JD Property is setting up the US$1 billion Reit with Swiss investment firm Partners Group and Hillhouse’s EZA Hill Property, sources said.

Exclusive: China tech giant JD.Com unit, two other firms plan $1 billion Singapore REIT, sources say

The property investment arm of Chinese e-commerce giant JD.Com and two other firms plan to launch a Singapore-based real estate investment trust (REIT) with assets potentially valued at more than $1 billion, said two sources with knowledge of the matter.Read MoreThe post Exclusive: China tech giant JD.Com unit, two other firms plan $1 billion Singapore REIT, sources say first appeared on The Who Dat Daily.

Exclusive-China tech giant JD.Com unit, two other firms plan $1 billion Singapore REIT, sources say

By Yantoultra Ngui and Kane Wu

China tech giant JD.Com unit, two other firms plan $1 billion Singapore REIT, sources say

(Corrects paragraph 12 to remove Capital after Hillhouse, as it is its former name)

China tech giant JD.com unit, two other firms plan US$1 billion Singapore Reit

[SINGAPORE/HONG KONG] The property investment arm of Chinese e-commerce giant JD.com and two other firms plan to launch a Singapore-based real estate investment trust (Reit) with assets potentially valued at more than US$1 billion, said two sources with knowledge of the matter.