Xinyuan Real Estate Reports Strategic Investment in TPG, Co. Will Hold ~20% of TPG
August 26, 2013 at 09:19 AM EDT
Xinyuan Real Estate Co., Ltd. (NYSE: XIN ), a real estate developer with a focus on high growth cities in China, announced today that the Company has entered into an agreement with TPG, one of the world's leading private investment firms, under which TPG will invest US$108.6 million through the purchase of