Investments
 
56 Repulse Bay
 
Location Hong Kong, China
Date acquired Acquired by Global Fund I in August 2001
Total equity purchase price US$208.5 million (100%)
Structure 70% ownership interest
Investment type Luxury residential
Description 53 luxury residential townhouses located in Repulse Bay on the south shore of Hong Kong Island.
Investment strategy MGPA purchased this unique luxury residential complex in the much sought after residential area of Repulse Bay at the early recovery stage of the property market cycle. It undertook an extensive refurbishment to reposition the property as a luxury landmark.
Date sold October 2006
 

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