InfraRed NF, the leading Asian real estate investment manager, is pleased to announce a US$28m investment in China Mini Storage Limited (“CMS”), an intelligent technology-led, leading self-storage operator in China. The investment will comprise both Series A funding and property investments and is part of InfraRed NF China Real Estate Fund II. CMS will use […]

InfraRed NF, the leading Greater China real estate investment manager, is pleased to announce the acquisition of a 90% shareholding in RedBox Storage Limited (“RedBox”), a premium self-storage provider in Hong Kong. The initial commitment of US$50 million forms the equity component of a business plan seeking to create the market leading self-storage platform in […]

InfraRed NF Investment Advisers, a leading China focussed real estate investment manager, is pleased to announce the RMB 650m purchase (c. US$ 95 m) of a hotel located in the Jing’An district of Shanghai. The property has been acquired in a 50/50 joint venture with Nova Property Co. Ltd, an experienced serviced apartment operating partner, […]

InfraRed NF, the leading Greater China real estate investment manager, is pleased to announce the closing of the RMB 465m (c.US$73.8m) acquisition of the Hongkou Brilliant Shopping Center in Shanghai to be converted into a residential and retail site. The value-add transaction complements InfraRed NF’s strategy of delivering superior returns through a combination of mezzanine […]

InfraRed NF, the leading Greater China real estate investment manager, has committed US$88m of mezzanine financing, along with co-investment partners, to continue a non-performing loan turnaround led by Keyne Properties, a regional developer with local roots in Yangzhou. The deal was structured with multiple downside protection mechanisms and is secured on a portfolio with an […]

InfraRed NF China Real Estate Fund II (the “Fund”) completed the repayment of Project Rice, a mezzanine loan entered into by the Fund in 2014. The transaction was structured as a $20 million, 3-year, interest-bearing senior loan to Cheung Wo International Holdings Limited, a company listed on the Hong Kong Stock Exchange with exposure to […]

InfraRed NF China Real Estate Fund II (the “Fund”) is pleased to announce its exit from a mezzanine loan to a Hong Kong listed company, Master Glory Group Limited (HKEX: 0275). The mezzanine loan was repaid in full prior to the original maturity date of 31 December 2017 for an aggregate amount of US$103.5m. The […]

InfraRed NF China Real Estate Fund II has subscribed for US$20m of 20% guaranteed secured notes issued by Cheung Wo International Holdings Limited, an experienced real estate developer listed on the Hong Kong Stock Exchange (HK:0009). The issuer will apply the proceeds to continue developing its real estate projects in Mainland China. The financing, benefiting […]

InfraRed NF China Fund I has successfully sold its 50% share in a mixed use office and retail project adjacent to the International Exhibition and Convention Centre in Guangzhou, China. The completed development project has a total Gross Floor Area of 135,980 square metres and has been sold based on an asset valuation of RMB […]

InfraRed NF, the joint venture between InfraRed Capital Partners and Nan Fung, is pleased to announce the successful acquisition of the 36.7% remaining minority interest in Beijing’s EC Mall shopping centre. InfraRed NF, in joint venture with Metro Holdings of Singapore, now owns 100% of EC Mall. EC Mall is located in ZhongGuanCun, Beijing’s centre […]

InfraRed Capital Partners Limited (“InfraRed”), on behalf of its Active Fund III, has completed the acquisition of an office building in Munich from Deka Immobilien (“Deka”) for ca. EUR40 million. Built in 1982 on a site totalling c. 13,000sqm, the property comprises c.25,000 sqm of lettable area and over 400 underground car parking spaces. The […]