China Real Estate, an E-House China spin-off of its real estate information and consulting services business, announced terms for its IPO on Friday. The Shanghai-based company plans to raise $226 million by offering 18 million ADS at a price range of $11.80 to $13.30. The company plans to list on the NASDAQ under the symbol "CRIC". Credit Suisse and UBS are the lead underwriters on the deal, which is expected to price during the week of 10/12/09.
