To date, SC Capital Partners has raised over $6.7 billion of capital and investments across the Asia Pacific.
SC Capital Partners and THi Holding Management Corp, both based in Singapore and Shanghai respectively, have recently acquired industrial land in China’s Suzhou Industrial Park. The rectangular plot measuring over 50,000 sq m (538,196 sq ft) will house a Grade-A industrial facility boasting 103,000 sq m (1.1 million sq ft) of net lettable area with rooftop solar panels.
Zero Point, an electric vehicle battery pack company, has been confirmed as the anchor tenant for the project.
Suchad Chiaranussati, Chairman and Founder of SC Capital Partners, has highlighted the opportunities in the industrial and logistics sectors of the Yangtze River Delta and lauded the investment as an excellent addition to their Asia Pacific portfolio.
The acquisition marks the second venture of SC Capital Partners into Suzhou Industrial Park and strengthens their collaboration with THi Management Corp. Sarah Hu, Director and General Manager of THi Management, believes that investment in the region will remain resilient with strategic partnerships for successful deals.
To date, SC Capital Partners has raised in excess of $6.7 billion of capital and investments across the Asia Pacific with this latest acquisition representing another milestone in their successful track record.