Abu Dhabi-based private equity firm BlueFive Capital is reportedly in advanced discussions to acquire approximately $500 million in Chinese real estate assets, including the prestigious Four Seasons Hotel in Beijing. Sources familiar with the matter say the deal also encompasses a connected mall, gym, and parking complex owned by Chinese media mogul Liu Changle.
Should the transaction proceed, the assets are expected to be syndicated to a group of Gulf investors, primarily from Saudi Arabia. This would represent one of BlueFive’s largest deals since the firm was founded last year by former Investcorp executive Hazem Ben-Gacem. The firm recently closed its debut fund with $2 billion in capital, making it one of the region’s largest vehicles targeting cross-border investments.
Neither BlueFive nor representatives for Liu commented on the ongoing talks.
This potential acquisition highlights the increasing volume of Gulf capital entering the Chinese market. As China’s demand for Gulf energy continues, bilateral investment is also accelerating in sectors such as luxury real estate, tech, and infrastructure.
Source: Semafor
