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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

CIC increases London property holding

Posted on 29 October 2012

China Investment Corporation, the manager of China’s $410 billion sovereign fund, is in talks to buy Deutsche Bank’s headquarters building in London for 250 million pounds ($403 million), according to British media reports.
The planned purchase is taking place amid a shifting pattern of China’s overseas investment in recent years, from financial assets such as bonds to real assets such as infrastructure and real estate, said Mark Williams, London-based chief Asia economist of macroeconomic research company Capital Economics………………………………………..Full Article: Source


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