Sun Hung Kai & Co. Seeds New Australian Real Estate Private Credit Platform with Wentworth

Reuters12-04
<a href="https://laohu8.com/S/SHGKF">Sun Hung Kai &</a>amp; Co. Seeds New Australian Real Estate Private Credit Platform with Wentworth

Sun Hung Kai &amp; Co. Limited has deepened its partnership with Australian real estate private equity firm Wentworth by providing a significant seed investment to launch Wentworth Private Credit $(WPC)$, a new real estate private credit platform focused on Australia and New Zealand. This strategic move marks a major expansion for both companies, enabling WPC to accelerate its initial transactions and target mid-market opportunities in the Australian real estate sector. The platform will benefit from Wentworth's local expertise and the leadership of Issa Chehab, an industry veteran with over 25 years of experience. Sun Hung Kai & Co.'s commitment aims to provide funding certainty and drive growth in the high-potential Australian real estate private credit market.

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