KKR, Sino-Ocean Putting $140M in China Real Estate

Kohlberg Kravis Roberts & Co. and Sino-Ocean Holdings have teamed up to invest $140 million in China real estate, Reuters reported Monday. Both have agreed to put $70 million into the new fund. Sino-Ocean is investing in the fund with its subsidiary Gemini Investments Holdings and KKR is investing through KKR China Growth Fund L.P., Reuters wrote.

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