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Century Bridge Capital sells stake in China residential development project

Century Bridge Capital has sold its stake in a $122 million, 840-unit residential development in Ningbo, China, according to PE Hub. In March 2016, the private equity firm made its investment in the project as part of a joint venture alongside Hong Kong developer Jingrui Holdings. Century Bridge Capital is a private equity firm exclusively focused on investments in the middle-income, residential real estate sector in China.

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Real Estate,commercial real estate,multi-family property,residential units,commercial real estate development,China,private equity,investment management,exit