May
25

China Life Invests $950M in ElmTree Portfolio

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The majority of the assets are recently constructed, build-to-suit industrial, office and health-care properties in secondary and tertiary markets.

ElmTree Funds LLC, a St. Louis–based private equity CRE firm, will recapitalize the net-lease portfolio underlying one of its funds with a $950 million investment from a wholly owned subsidiary of China Life Insurance Group, one of China’s largest insurance corporations, ElmTree announced Tuesday…

China Life Invests $950M in ElmTree Portfolio

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