Sino-Ocean Capital, the investment arm of real estate state-owned enterprise Sino-Ocean Group Holding, has led a RMB500 million (US$78 million) series B+ round in Chinese co-working space operator Nashwork. Huarong Rongde Asset Management, a joint venture co-established by China Huarong Asset Management Corporation, Deutsche Bank AG, Clearwater Capital and other international financial institutions, also participated in the round, according to Nashwork’s announcement on its official WeChat account. Founded in 2013, Beijing-based Nashwork has operations in five cities covering more than …

Chinese Co-working Space Operator Nashwork Raises $78M Series B+ Round From Sino-Ocean Capital appeared first on China Money Network.