According to Zhitong Financial App, Shengyang Investment (00174) announced that on February 12, 2024, Rosemont Oaks Operating LLC sold an American property to Partnership Holdings-JAC, LLC at a price of US$10.1 million. The group expects to receive about US$266,000 in revenue from the sale. The property is located at 16414 San Pedro Avenue, San Antonio, Texas 78232, the U.S., and includes a multi-tenant office building with an area of approximately 141,000 square feet.

According to reports, the Group's investment in the US property market is carried out through its US real estate fund platform GR Realty. GR Realty is an indirect non-wholly-owned subsidiary of the company. It is a fully integrated real estate platform that invests in specific target markets in the US and manages property funds as a general partner. It has been providing tailor-made real estate solutions for investors and tenants for nearly 30 years. The seller is one of the funds in GR Realty's portfolio, which is managed by GR Realty as a general partner. The seller's parent fund's limited partners include GR Realty and other independent third party investors.