Axa Reim and Ping An forge partnership

The European real estate fund manager ties up with Ping An to invest in mid-market and upper-class housing in China.

Axa Real Estate Investment Managers Axa Reim has signed a memorandum of understanding with China's Ping An Trust to co-invest in China.

The investments will target middle- to upper-class residential development projects.
 
Axa Reim is a strong believer in the need to have local expertise to access local real estate markets, said Axa Reim's chief executive officer, Pierre Vaquier, in a written statement. We are therefore delighted to be able to team up with Ping An Trust who shares...

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