Thu, Nov 27, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Private Equity more

Blackstone drops $161 million China property deal

Posted on 13 October 2008

From Bloomberg: U.S. private equity firm Blackstone Group LP dropped a 1.1 billion yuan ($161 million) Shanghai property purchase amid the global financial crisis and China’s real-estate price slump.

Blackstone scrapped the planned purchase of a 90 percent stake in Changshou Commercial Plaza in the eastern Chinese city, the Hong Kong-based, English-language newspaper said, quoting unidentified people. The plaza consists of two towers with a six- level shopping center and commercial complex in one….. Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930