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China Vanke is to by buy a stake of 20% in the £750m The Stage development in Shoreditch, EC2. The largest real estate company in China, with $79.2bn (£51.2bn) of assets under management, is to become a joint venture partner with Cain Hoy Enterprises, McCourt Global, Galliard Homes and Investec Structured Property Finance. CEO Of Vanke Group Wang Shi, Chairman & Founder, China Vanke Co, People's Republic of China Galliard Homes, the leading London focused residential developer, has established a joint venture with Cain Hoy Enterprises (‘Cain Hoy’), the private investment company, to invest up to £225 million in new residential projects over the next three years; the focus will be on regeneration projects in the South East. Cain Hoy and Galliard Homes will contribute £225 million into a new 50:50 joint venture, to be known as Galliard Developments Ltd. Deutsche Bank, the global banking and financial services company, is making available a 3-year corpor...