China's Suning, govt-led Shenzhen Capital close second logistics fund

China's Suning, govt-led Shenzhen Capital close second logistics fund

Existing Suning.com Plaza in Nanjing, China. Source: Suning.com

A real estate fund management subsidiary of Chinese government-led Shenzhen Capital Group has joined hands with Suning Logistics, the logistics arm of electronics retailer Suning Holdings Group, to set up a billion-yuan fund for equity investments in the logistics real estate industry.

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