Savills Investment Management forms joint venture with China Minsheng Investment Capital to invest in global real estate markets
Client(s) Savills Investment Management LLP
Jones Day advised Savills Investment Management in its joint venture with China Minsheng Investment Capital Co. Ltd, a subsidiary company of China Minsheng Investment Corp., Ltd, to develop and promote a series of funds and investment vehicles to invest in global real estate markets; including a new real estate fund, CMISIM European Investment Fund, with seed capital of up to £30 million (US$50 million) from China Minsheng Investment Capital Co. Ltd. The joint venture is the first of its kind between an international real estate investment manager and a private Chinese investment company.