Asset Type: Retail
Location: Wuzhong District, Suzhou and Xihu District, Hangzhou
Investment Year: 2013
Exit Year: 2016

Joint venture with SZITIC Commercial property (“SCP”), one of the largest shopping mall developers in China, which was acquired by Blackstone during our holding period. We acquired joint venture stakes in two stabilized regional shopping malls in Suzhou (136,738 sqm GFA) and Hangzhou (52,850 sqm GFA) respectively.