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Industry Pulse: Chinese Firm Sets Up $1.2 Billion Hre Fund

JV to invest in healthcare real estate along Chinese rail lines

Chinese investors plan to develop healthcare real estate near the nation’s rail stations.

American investors aren’t the only ones interested in healthcare real estate.

Singapore-based Perennial Real Estate Holdings, together with its partners, announced Jan. 3, 2018, that it has set up a $1.2 billion joint venture (JV) vehicle that would acquire and develop large scale and predominantly healthcare integrated mixed-use developments connected to the high speed railway (HSR) stations in China.

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