Yanlord and GIC sign agreement to co-invest up to RMB 7.0 billion in China
HONG KONG: Yanlord Land Group Limited announced that its wholly-owned subsidiary, Yanlord (China) Investment Group Co., Ltd., has entered into an investment agreement with an affiliate of GIC Private Limited (GIC), Singapore’s sovereign wealth fund, to form an investment platform to co-invest in residential projects in China. The Cooperation Program entails a total investment of…