Located in a picturesque scenic and captivating city – Yangzhou, Eight Park Avenue is one of the largest development surrounded by abundant educational resources, established infrastructure facilities and flourishing nature landscaping.
Built with an exemplary design carried out by an award-winning architectural firm – Bassenian | Lagoni, this 498,000 sqm GFA development project delivered a total of 2,813 low-to-high rise urban-living apartments for middle-income residents in Phase 1 and 2; while a boutique hotel in Phase 3 is on schedule for completion in 2021.
Eight Park Avenue sits in the west of the most renowned tourism destination “Slender West Lake” in Yangzhou. Driven by Yangzhou’s rapid growth of economy and household income in past decades, demand for superior-quality homes paired with beautiful and context-sensitive architecture consistently outweighs the supply of such products.
We secured this off-market opportunity to finance a well-connected local developer to acquire the subject land at below-market price in exchange of preferred return via an EJV partnership structure. With the leading design concept and team’s effective asset management, this well-thought-out French style complex has become one of the best-selling landmark project and a modernistic liveable community in Yangzhou.
Location:
Yangzhou, China
Asset Class:
Residential
498,000
Total GFA (sqm)
3
Phases
69
Towers
17
Storeys
2,813
Total Units
Exited
Status
