Hangzhou Huayuan Headway Project

• Investment made in August 2013 by Century Bridge China Real Estate Fund, L.P. and affiliates of $32.8 million
• Total project size of approximately $373.4 million in a joint venture with Zhejiang Headway Real Estate
• Middle income residential project located in the Yangtze River Delta city of Hangzhou, China, the capital of the Zhejiang province with over 8 million people
• Development comprised of over 2,360 units in 3 high-rise towers
• Land area of approximately 748,000 square feet, with gross buildable area of approximately 4.8 million square feet Century Bridge exited and repatriated proceeds from this investment in December 2017